$849,999list price
Per sq ft$523
3 bd · 2 ba · 1,625 sq ft House
2040 NW 14TH ST, MIAMI, FL 33125
Listing courtesy of Principal Realty Inc.. MLS# A12112653.On the MLS · Listed Oct 23
$8,200,000
2400 NW 16TH ST RD, MIAMI, FL 33125
0 baths25,899 sq ft2 to 4 unitsBuilt 1974
Updated today, November 3, 2026This home against North Sewell Park
$317 per sq ft, 16% under the North Sewell Park median
183 days on the market
Price cut $600,000 since it was listed at $8,800,000
$70,391 in property taxes (2025)
Private pool
North Sewell Park today: 33 homes for sale, median list price $368,000.
About this home
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.
Zoned schools
Elementary: Comstock Elementary School
Middle: Citrus Grove Middle School
High: Miami Jackson Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Miami Police Benevolent Association Park, 0.2 mi
Grocery: Pardo Supermarket, 0.2 mi
Distances from the center of North Sewell Park, MIAMI.
Listing courtesy of The Keyes Company. MLS# A12014138.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed May 4, 2026.
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