Five-Unit Multifamily Investment
For Sale
$2,600,000
2504 NW 14th St, Miami, FL 33125
Well-maintained five-unit multifamily property offered as turnkey near major highways and key employment, shopping, and dining.
Property Size5,432 SF
Days on Market98
Property Features for 2504 NW 14th St
General Information
Standard status
Active
Size
5,432 SF
Property subtype
Income/MultiFamily
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$19,734
Building Details
Building Size
5,432 SF
Year Built
1987
Tenancy
Multi
Listing Agency:
Beachfront Realty Inc
Listed By:
Javier Gaitan · License #3209436
(305) 469-3117
Source:
Relinkre
Added: Jul 16
Changed: Oct 14
Last Checked: Oct 21 at 4:58AM
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 Beachfront Realty Inc
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Investment Insights
Based on property information with market context.
This well-maintained five-unit multifamily property is presented in excellent condition and marketed as turnkey. The asset is configured as a five-unit residential income building, suitable for buyers seeking a ready-to-operate investment.
The property is located at 2504 NW 14th St, Miami, FL 33125, just minutes from Miami International Airport. It is also described as being near Miami Freedom Park and Soccer Village (Marlins Stadium), with convenient access to major highways, along with shopping, dining, and employment centers.
Per the listing, the property is positioned to benefit from strong local rental demand and long-term investment potential in a rapidly growing area.
The property is located at 2504 NW 14th St, Miami, FL 33125, just minutes from Miami International Airport. It is also described as being near Miami Freedom Park and Soccer Village (Marlins Stadium), with convenient access to major highways, along with shopping, dining, and employment centers.
Per the listing, the property is positioned to benefit from strong local rental demand and long-term investment potential in a rapidly growing area.
Key Highlights
- Well‑maintained five‑unit multifamily property built in 1987
- Offered as a turnkey property
- Located minutes from Miami International Airport
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,348
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,006,960
$2.0M
Cap Rate 7%
$1,433,543
$1.4M
Cap Rate 9%
$1,114,978
$1.1M
Market Conditions
NOI Build-Up for 5,432 SF
Gross rent
$195.6K $36.00/SF
− Vacancy
−$13.1K −$2.41/SF
EGI
$182.5K $33.59/SF
− OpEx
−$82.1K −$15.11/SF
NOI
$100.3K $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%
$2,006,960
Cap Rate 7%
$1,433,543
Cap Rate 9%
$1,114,978
Alternative Uses
Best Use
Apartment 5plus
$1.43M
$1.25M – $1.67M
NOI $100,348 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.67M
$3.21M – $4.28M
NOI $256,664 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
5
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,932
Businesses Nearby
Explore this area
Business Placement
Demographics for 33125, FL
53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained five-unit multifamily property offered as turnkey near major highways and key employment, shopping, and dining.
Where is this apartment building located?
The property is located at 2504 NW 14th St Miami, FL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Well‑maintained five‑unit multifamily property built in 1987; Offered as a turnkey property; Located minutes from Miami International Airport
