Current cap rate: 6.15%. 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.

2400 NW 16th St Rd Miami, FL 33125 quadruplex house for sale with MLS A12014138 located in KAYS EST. If you want to buy Quadruplex - 2400 NW 16th St Rd Miami, FL 33125, call today!