USD 1,295,000

14305 NE 6th Ave
North Miami, Florida 33161

For Sale

Property Description

This offering consists of a 10 unit building with 3 studios, 5 one bedroom units, and 2 two bedroom units. The property was built in 1962 and sits on a 10,273 (0.23 acre) square foot lot. Currently the studio units are rented in the range of $570 - $670 when the market rent is $750/month. The one bedroom units range from $820 - $920 when the market rent is $1,000/month. The two bedroom units rent for $1,055 and $1,235/month when market rent is $1,200 and $1,300/month respectively. Located just east of Interstate 95 and close to three universities: Florida International University, Barry University and Johnson & Wales. North Miami has seen increased demand for multifamily assets as there is limited supply in rapidly transforming sub market.

Listed by Compass Florida, LLC.

Property Details

ID #
A10891744
Status
Sale
Type
Commercial, Industrial
Zip Code
33161
Building Area
5,676ft2
Year Built
1962
Parking Spaces
10
Building Feature
Air Conditioning
Construction
Concrete Block Construction
Occupancy
Tenant Occupied
Type of Building
Apartments
Utilities
Internet
Zoning Information
3800

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