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 window

14501 NORTH EAST 14TH AVE, Miami

$1,596,000 USD
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Address14501 NORTH EAST 14TH AVE, Miami
Building NameARCH CREEK ESTS
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$1,596,000
Property StatusActive
MLS NumberA11878833
Living Area3900
Year Built1989
Parking Space Number16
Folio Number30-22-20-002-2530
Gross Rent Income$11,525
Zoning Information5700
Days on Market32

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
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33161
Address14501 NORTH EAST 14TH AVE
Section20
Zip Code (4 Digits)2603
Financial Information
Price$1,596,000
Price per Foot$0
Folio Number30-22-20-002-2530
Gross Rent Income$11,525
Tax Amount$15,081
Tax Year2024
Full Descriptions
Detailed DescriptionTurnkey 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 DescriptionShingle
Floor DescriptionCeramic Floor, Tile
Cooling DescriptionCentral Air
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionSeptic Tank
Property parameters
Living Area3900
Zoning Information5700
Year Built1989
Type of PropertyQuadruplex
StyleQuadruplex
Building NameARCH CREEK ESTS
Development NameARCH CREEK ESTS
Construction TypeCBS Construction
Stories Number1.000
Street DirectionNorth East
Parking Space Number16
Listed withStratton Real Estate