Quadplex with Flexible Rental
For Sale
$1,600,000
1761 SW 14th St, Miami, FL 33145
Individual room access, shared living areas, and a covered patio accommodate varied residential rental arrangements.
Property Size3,050 SF
Days on Market226
Property Features for 1761 SW 14th St
General Information
Standard status
Active
Size
3,050 SF
Property subtype
Quadruplex
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$21,018
Amenities
covered patio
laundry machines
privacy fence
coded entry pad
Building Details
Building Size
3,050 SF
Year Built
1952
Listing Agency:
Luxe Living Realty
Listed By:
Dora Puig · License #3268462
(305) 873-4919
Source:
Marcelosteinmander
Added: Mar 9
Changed: Oct 17
Last Checked: Oct 19 at 4:58PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This quadplex is a 10-bedroom, 9-bathroom residential property built in 1952. Each bedroom has a coded entry pad, while the living room, dining area, and kitchen are shared. The configuration can accommodate individual room rentals, group occupancy, or use as a single-family residence or multifamily compound. A covered patio includes laundry machines, and the fenced yard offers space for a pool. Ample vehicle parking is also provided.
Located at 1761 SW 14th St in Miami, the property is a few miles from the airport and near Coconut Grove, Coral Gables, Brickell, and Downtown. US-1 and I-95 are close by. The property also has an established history of stays through short-term rental platforms.
Located at 1761 SW 14th St in Miami, the property is a few miles from the airport and near Coconut Grove, Coral Gables, Brickell, and Downtown. US-1 and I-95 are close by. The property also has an established history of stays through short-term rental platforms.
Key Highlights
- 10 bedrooms and 9 bathrooms in a quadplex configuration
- Coded entry pads at each bedroom allow rooms to be rented individually
- Shared living, dining, and kitchen areas for group or compound use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,169
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,223,380
$1.2M
Cap Rate 7%
$873,843
$873.8K
Cap Rate 9%
$679,656
$679.7K
Market Conditions
NOI Build-Up for 3,050 SF
Gross rent
$93.3K $30.60/SF
− Vacancy
−$5.9K −$1.95/SF
EGI
$87.4K $28.65/SF
− OpEx
−$26.2K −$8.60/SF
NOI
$61.2K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,223,380
Cap Rate 7%
$873,843
Cap Rate 9%
$679,656
Alternative Uses
Best Use
Multifamily LT 5
$873.8K
$764.6K – $1.02M
NOI $61,169 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$804.9K
$704.3K – $939.1K
NOI $56,344 @ 7.0% cap · market cap 3.52%
Theoretical Best
Specialty Retail
$2.06M
$1.80M – $2.40M
NOI $144,114 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,986
Businesses Nearby
Explore this area
Business Placement
Demographics for 33145, FL
29,737
Population
12,773
Households
2.3
Avg Household Size
44
Median Age
42%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$70,592
Median Household Income
$43,039
Median Earnings
$1,769
Median Rent
$560,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Individual room access, shared living areas, and a covered patio accommodate varied residential rental arrangements.
Where is this quadplex 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: 10 bedrooms and 9 bathrooms in a quadplex configuration; Coded entry pads at each bedroom allow rooms to be rented individually; Shared living, dining, and kitchen areas for group or compound use
