14280 NE 6th Ave, North Miami, FL 33161
14280 NE 6th Ave, North Miami, FL 33161
14280 NE 6th Ave, North Miami, FL 33161
14280 NE 6th Ave, North Miami, FL 33161
14280 NE 6th Ave, North Miami, FL 33161
14280 NE 6th Ave, North Miami, FL 33161
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Roberto Guzman

Roberto Guzman

+1(305) 467-5520
$ 3,700,000
Est. payment | /mo

8,324 SqFt

Save Virtual Tour
$ 3,700,000
Est. payment | /mo
Save Virtual Tour

8,324 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,324 sqft

Price per Sqft $444

MLS Listing ID A11933823

HOA Y/N No

Year Built 1959

Annual Tax Amount $60,446

Lot Size 0.400 Acres

Property Sub-Type Multi Family

Property Description

Presenting Royal Oak Apartments, an expertly stabilized and freshly renovated 19-unit multifamily investment in the supply-constrained North Miami sub-market.

Offering diversified unit typologies, reliable in-place income with majority market-rate tenancies, recent comprehensive renovations, and long-term durability with completed 40-Year Recertification, this asset delivers turnkey performance with curb appeal that lasts.

The property has undergone a capital improvement overhaul, with extensive property-wide interior & exterior upgrades designed to support stable operations and long-term performance. Impact glass throughout and private terraces in select units enhance the property's modern aesthetic, attracting tenants and supporting consistently high occupancy levels. This is a rare opportunity to acquire for $199K/door a full renovated and stabilized asset.

Locationally supreme, North Miami is a submarket benefiting from strong renter demand, limited new multifamily supply, and equidistant proximity to major employment corridors and regional connectors as Biscayne Boulevard, NE 125 ST, NE 163 ST, and I-95.

Price Per Door: $194,737
In-Place CAP: 6.2%
Pro-Forma CAP: 6.9%
Current Occupancy: 95%

Location

State FL

County Miami-dade

Area 22

Zoning 3800

Exterior

Private Pool Yes

Others

Tax ID 06-22-19-011-0070

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11933823

Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Alpha Commercial Advisors LLC

NEARBY SCHOOL & BUSINESS

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Roberto Guzman

+1(305) 467-5520

roberto@lifestyleintrealty.com

20200 W Dixie Hwy Suite 609, Aventura, FL 33180, USA

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14280 NE 6th Ave

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