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  • 3104 Sq Ft
  • Area Size
Active Residential Income
2460 SW 16th St, Miami FL 33145 | Miami-Dade County | A12113181
  • $1,088,000

Description

PRIME INVESTMENT OPPORTUNITY | EXCELLENT SHENANDOAH DUPLEX

Rare opportunity to own a spacious, fully renovated duplex (late 2023) in Miami’s highly desirable Shenandoah neighborhood, just minutes from Brickell, Coral Gables, and Little Havana.

This income-producing property generates $6,400 per month ($76,800 annually) from two rental units, including a spacious 4-bedroom, 2-bath residence. Both units are rented month-to-month, offering investors flexibility to optimize rental income or accommodate future plans.

Ideally situated in a prime central Miami location, this recently renovated property combines strong existing rental income, long-term appreciation potential, and exceptional versatility.

Competitively priced for a timely sale.

Property Overview

This 1986 duplex at 2460 SW 16th St, Miami, FL 33145, offers 3,104 square feet of living space within the Grapeland building. The property is currently listed for sale at $1,080,000. It is situated in a location that provides proximity to Brickell, Coral Gables, and Little Havana. The home consists of two income-producing units, one of which is a 4-bedroom, 2-bath residence. Both units are currently rented on a month-to-month basis. This structure allows for flexibility regarding lease terms and potential rental income. For specific details regarding tenant agreements, financial records, or any non-public information, please contact a representative at 305-859-4733. This number connects you with the appropriate team to discuss the property further.

Frequently Asked Questions

What are the basic details of this property at 2460 SW 16th St?

This is a duplex built in 1986 located in the Graepland subdivision of Miami. The property has a total living area of 3,104 square feet and is listed for sale at $1,080,000.

How many units does this duplex contain and what are the current lease terms?

The building contains two income-producing units. Both units are currently rented on a month-to-month basis, which provides flexibility for the next owner.

What is the reported rental income for this investment property?

The property is reported to generate $6,400 per month, totaling $76,800 annually. One of the units is described as a spacious 4-bedroom, 2-bath residence.

Where is the property located in relation to other Miami neighborhoods?

The address is 2460 SW 16th St, Miami, FL 33145. The listing notes that the property is located minutes from Brickell, Coral Gables, and Little Havana.

How can I verify the current rental agreements and unit-specific details?

To confirm specific lease terms, rent rolls, or other non-public details regarding the tenancies, please call 305-859-4733 to speak with a representative from Miami Beach Brokers.

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

This listing is courtesy of Core International Realty.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

Address

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  • Address: 16th St
  • City: Miami
  • Zip/Postal Code: 33145

Details

Updated on November 7, 2026 at 8:51 pm
  • Property ID A12113181
  • Price $1,088,000
  • Property Size 3104 Sq Ft
  • Year Built 1986
  • Property Status Active, Residential Income

Additional details

  • Cooling Central Air, Electric
  • Heating Central, Electric
  • Tax Year 2026
  • Flooring Ceramic Floor
  • Building GRAPELAND
  • Listing Terms All Cash, Conventional
  • Area Grapeland
  • Total Stories 1
  • Waterfront No
  • Association No
  • Style Duplex
  • Private Pool No
  • Structure Type Duplex
  • Subdivision GRAPELAND
  • Annual Tax 16641
  • Year Built Details Resale
  • Building Area 3294
  • Lot Size (Sq Ft) 0
  • Flood Zone X
  • New Construction No
  • Construction CBS Construction
  • Association Type None

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