New-Construction Income
For Sale
Contact for pricing
123 NW 14th Street Unit 201, Miami, FL 33136
One-bedroom residence with high ceilings, expansive windows, abundant natural light, and a private balcony.
Property Size3,050 SF
Price / SF$0.45
Days on Market86
Property Features for 123 NW 14th Street Unit 201
General Information
Standard status
Active
Size
3,050 SF
Elevators
Yes
Property subtype
Commercial
Lease Term
[]
Site & Location
Neighborhood
Media Art Entertainment
Highway Access
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Amenities
private balcony
juice bar
private elevator
Building Details
Year Built
2025
Listing Agency:
One Sotheby's International Realty
Listed By:
Joey Vanas · License #SL3645301
(702) 759-9469
Source:
Onesothebysrealty
Added: Aug 2
Changed: Oct 25
Last Checked: Oct 24 at 9:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This new-construction residential income property includes an 850-square-foot one-bedroom, one-bath residence with high ceilings, large windows, and abundant natural light. A private balcony extends the living area outdoors, while secure entry is provided by a private elevator serving the residence directly from street level. The building also includes a juice bar on the ground floor and ample private on-site parking.
The property is located at 123 NW 14th St # 201 in Miami, Florida, with immediate access to major freeways. Restaurants, a grocery store, and other neighborhood amenities are located within steps of the building. Flexible lease terms are available.
The property is located at 123 NW 14th St # 201 in Miami, Florida, with immediate access to major freeways. Restaurants, a grocery store, and other neighborhood amenities are located within steps of the building. Flexible lease terms are available.
Key Highlights
- 850‑square‑foot one‑bedroom, one‑bath residence
- New construction with high ceilings and large windows
- Private balcony for additional outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,344
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,126,880
$1.1M
Cap Rate 7%
$804,914
$804.9K
Cap Rate 9%
$626,044
$626.0K
Market Conditions
NOI Build-Up for 3,050 SF
Gross rent
$109.8K $36.00/SF
− Vacancy
−$7.4K −$2.41/SF
EGI
$102.4K $33.59/SF
− OpEx
−$46.1K −$15.11/SF
NOI
$56.3K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,126,880
Cap Rate 7%
$804,914
Cap Rate 9%
$626,044
Alternative Uses
Best Use
Apartment 5plus
$804.9K
$704.3K – $939.1K
NOI $56,344 @ 7.0% cap · market cap 4,097.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.06M
$1.80M – $2.40M
NOI $144,114 @ 7.0% cap · market cap 10,481.02%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,307
Businesses Nearby
Explore this area
Business Placement
Demographics for 33136, FL
15,439
Population
7,994
Households
1.9
Avg Household Size
36
Median Age
25%
College-Educated
73%
High-School Grad
1.4 sq mi
ZIP Area
11,028
Density / Sq Mi
$43,481
Median Household Income
$34,130
Median Earnings
$1,337
Median Rent
$352,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom residence with high ceilings, expansive windows, abundant natural light, and a private balcony.
Where is this residential income property located?
The property is located at 123 NW 14th Street Unit 201 Miami, FL.
What are key features of this property?
This property features: 850‑square‑foot one‑bedroom, one‑bath residence; New construction with high ceilings and large windows; Private balcony for additional outdoor space
