4-Unit Multifamily
14155 NE 14th Ave, North Miami, FL 33161
For Sale
$675,000
Pending
Four residential units in North Miami, in a property built in 1952.
Property Size2,304 SF
Days on Market176
Property Features for 14155 NE 14th Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Century 21 King Realty
Listed By:
Jacky Sainvil · License FL #3356202
(305) 744-2012
Source:
Debuirerealty
Added: May 19
Changed: Nov 7
Last Checked: Nov 9 at 3:35PM
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 Century 21 King Realty
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Investment Insights
Based on property information with market context.
This four-unit residential property contains 2,304 square feet and was built in 1952. It is located in North Miami, Florida.
Key Highlights
- Four‑unit residential property
- 2,304 square feet
- Built in 1952
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,753
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,060
$715.1K
Cap Rate 7%
$510,757
$510.8K
Cap Rate 9%
$397,256
$397.3K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$69.7K $30.24/SF
− Vacancy
−$4.7K −$2.03/SF
EGI
$65.0K $28.21/SF
− OpEx
−$29.3K −$12.70/SF
NOI
$35.8K $15.52/SF
Area
Miami-Dade County, FL
Vacancy
6.70%
Lease Rate
$30.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,060
Cap Rate 7%
$510,757
Cap Rate 9%
$397,256
Alternative Uses
Best Use
Apartment 5plus
$510.8K
$446.9K – $595.9K
NOI $35,753 @ 7.0% cap · market cap 5.30%
Second Best
Multifamily LT 5
$386.4K
$338.1K – $450.8K
NOI $27,050 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,071 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,165
Businesses Nearby
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Business Placement
Demographics for 33161, FL
53,015
Population
18,912
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
9,639
Density / Sq Mi
$55,265
Median Household Income
$34,311
Median Earnings
$1,494
Median Rent
$376,500
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Miami-Dade County, FL
Properties on Market for Quadplexes in Miami-Dade County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units in North Miami, in a property built in 1952.
Where is this quadplex located?
The property is located at 14155 NE 14th Ave North Miami, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Four‑unit residential property; 2,304 square feet; Built in 1952
