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14258 SW 88th Ave Palmetto Bay, FL 33176

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For Sale
$1,600,000

Well-maintained 6-unit multifamily property in Palmetto Bay.

Type:Multifamily
Property size:
3,539 SF
Lot size:
0.34 Acres
Added:
Apr 1, 2026
Days on Market:
23
Last Refresh:
Apr 1 at 11:52 am

Property Features for 14258 SW 88th Ave

General Information

Standard status
Active
Size
3,539 SF
Lot size
0.34 Acres
Property subtype
Multifamily

Building Details

Year Built
1963

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Listing Contact
Alec Lau

Listing agent Alec Lau License #FL #SL3511365

Listing office

Listing date Apr 1, 2026

Source Franklinst

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 Alec Lau


Overview

Palmetto Bay Multifamily Investment Opportunity

This is an opportunity to acquire a well-maintained, 6-unit multifamily property in the Village of Palmetto Bay. Constructed in 1963, the property consists of three duplexes situated on a 0.34-acre parcel, totaling 3,539 square feet. The property is currently 100% occupied with long-term tenants. Some capital improvements include a new septic tank and drain field, and updated PVC plumbing. Most of the units feature remodeled interiors with modern kitchens and bathrooms, stainless steel appliances, plank flooring, new paint, new bathroom tile, and new cabinetry with granite countertops. All units are 1 bed, 1 bath + den, featuring central air-conditioning and individual tankless water heaters. The property holds an active hotel license. The location is within walking distance to restaurants, retailers, hospitals/healthcare centers, public transit stations (bus), and schools. It is located east of US-1 just off SW 144th St, providing tenants with easy access to anywhere in Miami-Dade and beyond via Florida's Turnpike, the Don Shula Expressway (SR-874), and the Palmetto Expressway (SR-864).
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

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City
Palmetto Bay
County
Miami-Dade
State
Florida
Longitude
-80.336004
Latitude
25.619725

FAQs

What type of property is this?
Apartment building - Well-maintained 6-unit multifamily property in Palmetto Bay.
Where is this apartment building located?
The property is located at 14258 SW 88th Ave Palmetto Bay, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Value‑add 6‑unit multifamily property in Palmetto Bay, offering significant rental upside (almost 27%) and long‑term investment potential.; 100% occupied with long‑term tenants, demonstrating strong historical performance and stable cash flow.; Prime location in Palmetto Bay, within walking distance to restaurants, retailers, hospitals, public transit, and schools.
More about this property
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