14501 NE 14th Ave - Apartments FOR SALE


Miami, FL 33161- Golden Glades
$1,596,000 USD
786-444-8006
14501 NE 14th Ave, Miami, FL for Sale
$1,596,000 USD
Apartments - FOR SALE
1/34
null | 7.1% Cap Rate

14501 NE 14th Ave
Miami, FL 33161
Golden Glades


HIGHLIGHTS

  • 10 bedrooms, 8 bathrooms across two detached duplexes built in 1990.
  • 27,351 SF lot in a designated Opportunity Zone.
  • Attractive for 1031 exchanges and long-term appreciation in one of Miami’s fastest-growing areas.
  • 4 electric and 4 water meters; tenants pay all utilities.
  • ACTUAL Gross rental income of \$11,525/month (\$138,300/year), delivering a 7.1% cap rate.
  • Impact windows, quartz kitchens, and modern finishes throughout.

OVERVIEW

Turnkey legal 4-unit (10 Bedroom 8 Bath) multifamily on a 27,351 SF Double corner lot in an Opportunity Zone and eligible under the Live Local Act. Two detached duplexes (1990), each with a 2/2 and 3/2 — all fully fenced and renovated with impact windows, quartz kitchens, and modern finishes. Tenants pay all utilities 4 electric + 4 water meters, large units grossing $11,525/mo ($138,300/yr) a ACTUAL 7.1% cap rate. Located just 13 min to Sunny Isles Beach, 20 min to Aventura Mall, and near future Brightline/SMART rail stations. Exit strategies: divide lot in 2 parcels and sell off individually or commercial/multistory redevelopment (buyer to verify). Excellent cash flow, 1031 exchange appeal, and long-term growth in one of Miami’s fastest-growing areas.

FOR SALE DETAILS

PRICE

$1,596,000 USD

PRICE/SF

$409 USD /SF

# OF UNITS

4

PRICE/UNIT

$399,000

CAP RATE

7.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sebastian GiraldoStratton Real EstateMore Info
786-444-8006

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Sebastian GiraldoStratton Real EstateMore Info
786-444-8006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.