$8,200,000
2400 NW 16th St Road
KAYS EST
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $8,200,000
- Price per sq ft
- $317
- Original price
- $8,800,000
- Days on market
- 140
This multi-family property in ZIP 33125 is listed at $8,200,000, or $317 per square foot. The asking price has come down 6.8% from its original $8,800,000. It has been on the market for 140 days.
Estimated monthly payment
$43,095 /mo
Principal and interest only, based on $1,640,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $8,200,000
- Days on Site
- 140 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 25,899 sqft
- Total Sq Ft
- 25,899 sqft
- Year Built
- 1974
- Property Type
- Multi-Family
- MLS #
- A12014138
- Property Tax
- $70,391 (2025)
- Subdivision
- KAYS EST
- County
- Miami Dade
- Status
- Active
About This Property
Current cap rate: 7%. Exceptional 27-unit multifamily property in the heart of Little Havana. Strong and stable income with significant upside potential through rent adjustments or renovations. All units are currently under contract, with most leases recently renewed through May 2027, providing immediate income stability. Units rent quickly with minimal annual turnover, and the majority of tenants are long-term residents. Property features include central A/C, a new elevator, swimming pool, laundry facilities with new machines, impact windows and doors, and ample parking. Prime location just minutes from Brickell, Downtown Miami, and Coral Gables.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1974
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 4
- Living Sq Ft
- 25,899
- Total Sq Ft
- 25,899
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Zoning
- 4600
Interior Features
- Cooling
- Central Air
- Heating
- Central / Separate Meters
- Flooring
- Laminate / Other
- Laundry
- Outside
Exterior Features
- Construction
- Block
- Roof
- Built Up / Other
- Exterior Features
- Balcony / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Open / Patio / Balcony
- Lot Features
- Corner Lot
Community & HOA
- Association Amenities
- Elevators
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional / Owner Will Carry / Other
- MLS Area
- 2310
Schools
- Elementary School
- Comstock
- Middle School
- Citrus Grove
- High School
- Miami Jackson
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,439
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $508
- Avg Days on Market
- 143
Frequently Asked Questions
- How do I schedule a tour of 2400 NW 16th St Road, Miami, FL 33125?
- Use the Tour button on this listing to request a showing of 2400 NW 16th St Road, Miami, FL 33125. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 2400 NW 16th St Road, Miami, FL 33125 still available?
- 2400 NW 16th St Road, Miami, FL 33125 is currently listed as Active, and has been on the market 140 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 2400 NW 16th St Road, Miami, FL 33125?
- With 20% down ($1,640,000) on the $8,200,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2400 NW 16th St Road, Miami, FL 33125 is about $43,095/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 2400 NW 16th St Road, Miami, FL 33125?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2400 NW 16th St Road, Miami, FL 33125. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 2400 NW 16th St Road, Miami, FL 33125?
- 2400 NW 16th St Road, Miami, FL 33125 is zoned for Comstock (elementary), Citrus Grove (middle), Miami Jackson (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 2400 NW 16th St Road, Miami, FL 33125?
- Often, yes. The right offer on 2400 NW 16th St Road, Miami, FL 33125 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of The Keyes Company
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$8,200,000
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Listed by Juan Garcia, The Keyes Company
Map & Location
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Recent Sales
Recently sold homes in ZIP 33125
These are the last 6 recorded closings in ZIP 33125, with the price each home actually sold for rather than what it was listed at. They closed at a median of $345 per square foot. The most recent closed on October 12, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$660,000
Sold · October 12, 2026
3532 NW 4th Terrace
0 bed · 0 bath · 1,868 sqft · $353/sqft
$30,000 under the asking price
Sold$259,900
Sold · October 7, 2026
814 NW 36th Avenue 208
2 bed · 2 bath · 856 sqft · $304/sqft
Sold$679,000
Sold · October 6, 2026
3500 NW 12th Street
5 bed · 3 bath · 1,969 sqft · $345/sqft
Sold$525,000
Sold · October 6, 2026
26 NW 24th Court
0 bed · 0 bath · 2,892 sqft · $182/sqft
$155,000 under the asking price
Sold$1,000,000
Sold · October 5, 2026
1680 NW 22nd Court
0 bed · 0 bath · 3,264 sqft · $306/sqft
$75,000 under the asking price
Sold$599,000
Sold · October 1, 2026
2415 NW 15th Street
3 bed · 3 bath · 962 sqft · $623/sqft
$999 under the asking price
See every recorded sale in ZIP 33125 or find out what your ZIP 33125 home is worth.
