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Three-Unit Triplex with Oversized Lot
New
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 Market2

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 2026
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 Wall Furnace, Central
Cooling system Window Unit(s), Wall/Window Unit(s), Central Air

Building Details

Year built 1953
Floors in Building 1
Flooring type Tile
Building materials Block
Roof type Barrel
Listing Agency: Real Estate Sales Force
Listed By: Daniel Fernandez · License #3596493
Added: Jul 30 Last Checked: Jul 31 at 4:06PM
MLS# A12062415

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 three-unit triplex is situated on an oversized 10,500 square foot lot and includes an existing structure with three income-producing units. The property features block construction, tile flooring, and a barrel roof. Heating options include central and wall furnace, with cooling provided by central air plus window and wall/window units.

The home is located at 2815 NW 14th St, Miami, FL 33125 in Miami-Dade County, near Freedom Park and LoanDepot Park, with proximity to the airport and to Coral Gables and Brickell. Sewer service is provided by the public sewer system.

Built in 1953, the property is positioned for investors seeking current rental cash flow and the ability to improve the existing units over time.

Key Highlights

  • Oversized 10,500 square foot lot with three income‑producing units
  • Block construction and tile flooring
  • Barrel roof

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 (±1% cap)
NOI $40,592 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$534.1K
$467.4K – $623.2K (±1% cap)
NOI $37,390 @ 7.0% cap · market cap 4.45%
Theoretical Best
Specialty Retail
$1.37M
$1.20M – $1.59M (±1% cap)
NOI $95,635 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Bar & Pub Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,835
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit triplex on an oversized lot with public sewer and multiple heating and cooling options.
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 square foot lot with three income‑producing units; Block construction and tile flooring; Barrel roof
More about this property
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