Triplex with Oversized
For Sale
$839,900
2815 NW 14th St, Miami, FL 33125
MULTI_FAMILY - Miami, FL
Property Size2,024 SF
Lot Size0.24 Acres
Price / SF$414.97
Days on Market8
Property Features for 2815 NW 14th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Parking
4
Subdivision
OAKHURST
Lot features
< 1/4 Acre
Standard status
Active
APN
01-31-33-010-0100
Size
2,024 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OAKHURST PB 9-142 LOT 10 LESS S10FT BLK 1 LOT SIZE 60.000 X 175
Tax Annual Amount
9722
Legal Description
OAKHURST PB 9-142 LOT 10 LESS S10FT BLK 1 LOT SIZE 60.000 X 175
Utilities
Sewer type
Public Sewer
Heating system
Central, Wall Furnace
Cooling system
Window Unit(s), Central Air, Wall/Window Unit(s)
Building Details
Year built
1953
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Barrel
Listing Agency:
Real Estate Sales Force
(305) 392-1497
Listed By:
Daniel Fernandez · License #3596493
(305) 206-8490
Added: Jul 24
Changed: Jul 30
Last Checked: Jul 31 at 3:06PM
MLS# A12043518
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This triplex includes three income-producing units currently rented under market value. The property sits on an oversized 10,500-square-foot lot, offering room for improvement and flexibility for future planning.
Located at 2815 NW 14th St in Miami, Florida, the property is described as being near Freedom Park, Loan Depot Park, the airport, Coral Gables, and Brickell, placing it within a well-traveled submarket.
For sale as an investor-focused opportunity, the existing rental income provides immediate cash flow potential while allowing for value-add adjustments to the property’s current performance.
Located at 2815 NW 14th St in Miami, Florida, the property is described as being near Freedom Park, Loan Depot Park, the airport, Coral Gables, and Brickell, placing it within a well-traveled submarket.
For sale as an investor-focused opportunity, the existing rental income provides immediate cash flow potential while allowing for value-add adjustments to the property’s current performance.
Key Highlights
- Oversized 10,500 SF lot with an existing multi‑unit structure generating three income‑producing units
- Three rental units currently rented under market value, offering room to improve
- Block construction with tile flooring
Financial Insights For Multifamily LT 5
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 | $61.9k | $30.60 |
| − Vacancy | −$3.9k | −$1.95 |
| EGI | $58.0k | $28.65 |
| − OpEx | −$17.4k | −$8.60 |
| NOI | $40.6k | $20.06 |
2,024 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$579.9K
$507.4K – $676.5K
NOI $40,592 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$534.1K
$467.4K – $623.2K
NOI $37,390 @ 7.0% cap · market cap 4.45%
Theoretical Best
Specialty Retail
$1.37M
$1.20M – $1.59M
NOI $95,635 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,835
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex property with three rented units on a 10,500-square-foot lot in Miami.
Where is this triplex located?
The property is located at 2815 NW 14th St Miami, FL.
What is the asking price?
The asking price for this property is $839,900.
What are key features of this property?
This property features: Oversized 10,500 SF lot with an existing multi‑unit structure generating three income‑producing units; Three rental units currently rented under market value, offering room to improve; Block construction with tile flooring
