New Construction Six-Unit Apartment
For Sale
Contact for pricing
5410 NW 14th Ave, Miami, FL 33142
Three-story apartments feature open layouts, in-unit laundry, private outdoor space, and resident parking.
Property Size7,254 SF
Lot Size0.16 Acres
Price / SF$370.83
Days on Market211
Property Features for 5410 NW 14th Ave
General Information
Standard status
Active
Size
7,254 SF
Total Parking Spaces
6
Lot size
0.16 Acres
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
6 x 3BR/2BA
Multifamily Units
6
Building Details
Year Built
2026
Buildings
1
Stories
3
Units
6
Listing Agency:
Horvath & Tremblay
Listed By:
Alejandro Gonzalez · License #SL3249949
Source:
Crexi
Added: Mar 25
Changed: Oct 10
Last Checked: Oct 20 at 6:18PM
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 Horvath & Tremblay
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Investment Insights
Based on property information with market context.
Scheduled for completion in August 2026, this three-story apartment property contains six residential units, each offering three bedrooms and two bathrooms. The building provides 7,254 square feet of living area on a 0.16-acre corner parcel. Interior features include open floor plans and in-unit laundry, while each residence includes a private patio or balcony. Six on-site parking spaces serve the property.
The property is located at 5410 NW 14th Ave in Miami, along NW 54th Street. NW 7th Avenue, also designated US Route 441, is 0.8 miles away, and Interstate 95 is 1 mile from the property. Municipal bus service runs along the property, with access to the Brownsville and Allapattah Metro Stations. Downtown Miami, Miami International Airport, Hialeah, Biscayne Bay, Miami Beach, and the Miami Medical District are within a few miles.
The property is located at 5410 NW 14th Ave in Miami, along NW 54th Street. NW 7th Avenue, also designated US Route 441, is 0.8 miles away, and Interstate 95 is 1 mile from the property. Municipal bus service runs along the property, with access to the Brownsville and Allapattah Metro Stations. Downtown Miami, Miami International Airport, Hialeah, Biscayne Bay, Miami Beach, and the Miami Medical District are within a few miles.
Key Highlights
- Six residential units, each with 3 bedrooms and 2 bathrooms
- 7,254 square feet of living area on a 0.16‑acre corner parcel
- Anticipated completion in August 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,006
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,680,120
$2.7M
Cap Rate 7%
$1,914,371
$1.9M
Cap Rate 9%
$1,488,956
$1.5M
Market Conditions
NOI Build-Up for 7,254 SF
Gross rent
$261.1K $36.00/SF
− Vacancy
−$17.5K −$2.41/SF
EGI
$243.6K $33.59/SF
− OpEx
−$109.6K −$15.11/SF
NOI
$134.0K $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%
$2,680,120
Cap Rate 7%
$1,914,371
Cap Rate 9%
$1,488,956
Alternative Uses
Best Use
Apartment 5plus
$1.91M
$1.68M – $2.23M
NOI $134,006 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.90M
$4.28M – $5.71M
NOI $342,755 @ 7.0% cap · market cap 12.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
6
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
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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 - Three-story apartments feature open layouts, in-unit laundry, private outdoor space, and resident parking.
Where is this apartment building located?
The property is located at 5410 NW 14th Ave Miami, FL.
What is the asking price?
The asking price for this property is $2,690,000.
What are key features of this property?
This property features: Six residential units, each with 3 bedrooms and 2 bathrooms; 7,254 square feet of living area on a 0.16‑acre corner parcel; Anticipated completion in August 2026
