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Multi Family - ARCH CREEK ESTS for Sale

14501 NE 14TH AVE, MIAMI, FL 33161

Asking Price$1,596,000

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  • Days on market:

    4 day(s)
  • Adjusted Area:

    4006 sqft
  • Original Price:

    $1,596,000
  • Price per sqft:

    $409.23
  • Tax Legal Description:

    ARCH CREEK ESTS PB 46-73 LOT 110 LOT SIZE 27351 SQ FT OR 13145-1203 1286 1
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Style:

    Fourplex
  • Construction Type:

    Cbs Construction
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Ceramic Floor Tile
  • Lot Features:

    1/2 To Less Than 3/4 Acre Lot
  • Type of Association:

    None

Description

$1,596,000 • living size area 3900 sqft

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.

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