$11,200,000
Active
2d
$11,200,000
4640 Sunset
Miami, FL 33143
7 bd8.5 ba7,339 sqft
Coral Gables Bisc Bay
$8,800,0009 days on marketActive
2400 NW 16th St Road, Miami, FL 33125
Miami, FL 33125
0
Sq Ft
1974
Year Built
0.43 acres
Lot Size
Listing Snapshot
| List Price | $8,800,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.43 acres |
| Year Built | 1974 |
| Property Tax | $70,391/yr |
| MLS # | 1159981518 |
| Status | Active |
| Days on Market | 9 |
About This Home
Current cap rate: 6.25%. 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.
General Features
- Property Type
- CommercialSale
- Sub-type
- MultiFamily
- Parking Spaces
- 45
- Zoning
- 4600
Interior Features
- Flooring
- Laminate,Other
- Heating
- Central,Individual
- Cooling
- CentralAir
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony
- Roof
- BuiltUp,Other
- Patio / Porch
- Balcony
- Pool Features
- Community
Community Features
- Community Features
- LaundryFacilities,Pool
- MLS Area
- 2310
Map
Virtual Tour
View Virtual TourListed by Juan Garcia · The Keyes Company
MLS# 1159981518 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1159981518 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $7,040,000
%
Est. Monthly$53,891
Principal & Interest$48,025
Property Tax$5,866
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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