$1,596,000
For Sale

14501 NE 14th Ave

Miami, FL 33161
Browse 34 photos
Type:Multi-Family
Structure:4 Family
Zone:Commercial

Description

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 true 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.

  • Property Details
      • Lot Description1/2 To Less Than 3/4 Acre Lot
      • CountyMiami-Dade County
      • Utility SourceMunicipal Water
      • SubdivisionARCH CREEK ESTS
      • Property TypeMulti-Family
      • Sewer InformationSeptic Tank
      • Property SubtypeQuadruplex
      • MLS #A11878833
      • MLS #A11878833
      • Structure TypeFourplex
      • Cost1596000
      • Square Feet3900
      • Year Built1989
      • Stories1

Location

Peterson By The BeachReal Estate Group
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