14501 NORTH EAST 14TH AVE, Miami
$1,596,000 USD
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Address | 14501 NORTH EAST 14TH AVE, Miami |
Building Name | ARCH CREEK ESTS |
Type of Property | Quadruplex |
Property Style | Quadruplex |
Price | $1,596,000 |
Property Status | Active |
MLS Number | A11878833 |
Living Area | 3900 |
Year Built | 1989 |
Parking Space Number | 16 |
Folio Number | 30-22-20-002-2530 |
Gross Rent Income | $11,525 |
Zoning Information | 5700 |
Days on Market | 32 |
Detailed Description: Turnkey legal 4-unit (10 Bedroom 8 Bath) multifamily on a 27,351 sq.ft 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.
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Address Information
State | Florida |
City | Miami |
County | Miami-Dade County |
Zip Code | 33161 |
Address | 14501 NORTH EAST 14TH AVE |
Section | 20 |
Zip Code (4 Digits) | 2603 |
Financial Information
Price | $1,596,000 |
Price per Foot | $0 |
Folio Number | 30-22-20-002-2530 |
Gross Rent Income | $11,525 |
Tax Amount | $15,081 |
Tax Year | 2024 |
Full Descriptions
Detailed Description | Turnkey legal 4-unit (10 Bedroom 8 Bath) multifamily on a 27,351 sq.ft 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. |
Roof Description | Shingle |
Floor Description | Ceramic Floor, Tile |
Cooling Description | Central Air |
Heating Description | Central |
Water Description | Municipal Water |
Sewer Description | Septic Tank |
Property parameters
Living Area | 3900 |
Zoning Information | 5700 |
Year Built | 1989 |
Type of Property | Quadruplex |
Style | Quadruplex |
Building Name | ARCH CREEK ESTS |
Development Name | ARCH CREEK ESTS |
Construction Type | CBS Construction |
Stories Number | 1.000 |
Street Direction | North East |
Parking Space Number | 16 |
Listed with | Stratton Real Estate |