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Turnkey Corner Duplex

14615 NE 14th Ave Miami, FL 33161

14615 NE 14th Ave, Miami, FL, 33161
$695,000
For Sale
Claim this Listing
$695,000

MULTI_FAMILY - Miami, FL

Property Size1,920 SF
Price / SF$361.98
AddedApr 29
Days on Market78
Last RefreshJul 15 at 10:06 am

Property Features for 14615 NE 14th Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4
Parking
6
Standard status
Active
APN
30-22-20-002-2270
Size
1,920 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
ARCH CREEK ESTS PB 46-73 S1/2 OF S1/2 OF LOT 91 LOT SIZE 68.900 X 100 OR 20515-4627 0602 2 COC 25143-4162 11 2006 1
Tax Annual Amount
8200

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air

Building Details

Year built
1968
Floors in Building
1
Flooring type
Tile, Terrazzo
Building materials
Block
Roof type
Built-Up, Shingle

Listing agent Javier Colon PA License #3367073

Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL

Listing date Apr 29, 2026

MLS# A12009590 Listing URL

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This turnkey corner duplex offers a straightforward, move-in-ready setup with visible exterior and interior refreshes. Improvements include a fresh coat of paint, upgraded windows, and a newer pitched roof, along with a fenced-in yard for added outdoor usability and privacy.

The property is positioned at an accommodating intersection between North Miami and North Miami Beach, just west of W. Dixie Hwy. The surrounding area provides access to main routes as well as nearby schools, universities, health care institutions, and anchor stores.

For buyers seeking a residential income property with current upgrades, this duplex presents a practical option. The combination of recent exterior work and a secured yard supports day-to-day tenant appeal, while the corner configuration and intersection access can be a useful consideration for leasing and operations. Please call the listing agent for details and to schedule a showing.

Key Highlights

  • Corner duplex built in 1968 with block construction
  • Central air and electric heating
  • Freshly painted interior and upgraded windows

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $58.8k $30.60
− Vacancy −$3.7k −$1.95
EGI $55.0k $28.65
− OpEx −$16.5k −$8.60
NOI $38.5k $20.06
1,920 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$550.1K
$481.3K – $641.8K (±1% cap)
NOI $38,507 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$506.7K
$443.4K – $591.2K (±1% cap)
NOI $35,469 @ 7.0% cap · market cap 5.10%
Theoretical Best
Specialty Retail
$1.30M
$1.13M – $1.51M (±1% cap)
NOI $90,721 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Dental Office Garden Center Restaurant Locksmith (Bike/Boat/Book/etc) Store Wine and Liquor Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained corner duplex with fenced yard, upgraded windows, fresh paint, and a newer pitched roof.
Where is this duplex located?
The property is located at 14615 NE 14th Ave Miami, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Corner duplex built in 1968 with block construction; Central air and electric heating; Freshly painted interior and upgraded windows
Contact an agent
More about this property
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