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Miami Income-Producing Multifamily Property

1761 SW 14th St Miami, FL 33145

1761 SW 14th St, Miami, FL, 33145
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Income-producing property with short-term rental potential in the heart of Miami.

Property Size3,127 SF
Price / SF$511.67
AddedMar 9
Days on Market130
Last RefreshJul 15 at 8:29 pm

Property Features for 1761 SW 14th St

General Information

Standard status
Active
Size
3,127 SF
Property subtype
Multifamily

Building Details

Year Built
1952

Listing office Luxe Living Realty

Listing date Mar 9, 2026

Source Crexi

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 Luxe Living Realty


Investment Insights

Based on property information with market context.

This income-producing property is located in the heart of Miami. The property features 10 bedrooms and 10 bathrooms, each equipped with a coded entry pad, allowing for individual room rentals or whole-house rentals for large groups in various combinations. The property includes a spacious living and dining area, along with a kitchen that is currently shared among all guests. The exterior yard features a covered patio with laundry machines and a privacy fence, with room for a pool. Ample parking is available for vehicles. The property is conveniently located just a few miles from the airport and in close proximity to Coconut Grove, Coral Gables, Brickell, and Downtown, with easy access to US-1 and I-95. The property has a history of stays on short-term rental platforms. It may also be converted back to a large residence for a single family or rented as a multi-family compound for long-term stays. The property size is 3127 square feet.

Key Highlights

  • Income‑producing property with a strong short‑term rental history.
  • Located in the heart of Miami, close to the airport, Coconut Grove, Coral Gables, Brickell & Downtown.
  • Features 10 bedrooms and 10 bathrooms, each with coded entry pads for individual rental.

Local Financial Insights For Apartment 5plus

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 $112.6k $36.00
− Vacancy −$7.5k −$2.41
EGI $105.0k $33.59
− OpEx −$47.3k −$15.11
NOI $57.8k $18.47
3,127 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$825.2K
$722.1K – $962.8K (±1% cap)
NOI $57,766 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.11M
$1.85M – $2.46M (±1% cap)
NOI $147,752 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store Restaurant Catering Service (Bike/Boat/Book/etc) Store Restaurant Pet Grooming Service Arcade & Gaming Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Short term rental property - Income-producing property with short-term rental potential in the heart of Miami.
Where is this short term rental property located?
The property is located at 1761 SW 14th St Miami, 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: Income‑producing property with a strong short‑term rental history.; Located in the heart of Miami, close to the airport, Coconut Grove, Coral Gables, Brickell & Downtown.; Features **10 bedrooms and 10 bathrooms**, each with coded entry pads for individual rental.
Contact an agent
(305) 873-4919 Call to check price and availability
More about this property
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