14280 NE 6th Ave, North Miami FL 33161
Income/MultiFamily in North Miami
$3,700,000
Listing courtesy of The Alpha Commercial Advisors LLC; Jamie Maniscalco. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
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Income/MultiFamily, Commercial Sale
Details
Overview
Description
Presenting Royal Oak Apartments, an expertly stabilized and freshly renovated 19-unit multifamily investment in the supply-constrained North Miami sub-market. Offering diversified unit typologies, reliable in-place income with majority market-rate tenancies, recent comprehensive renovations, and long-term durability with completed 40-Year Recertification, this asset delivers turnkey performance with curb appeal that lasts. The property has undergone a capital improvement overhaul, with extensive property-wide interior & exterior upgrades designed to support stable operations and long-term performance. Impact glass throughout and private terraces in select units enhance the property’s modern aesthetic, attracting tenants and supporting consistently high occupancy levels. This is a rare opportunity to acquire for $199K/door a full renovated and stabilized asset. Locationally supreme, North Miami is a submarket benefiting from strong renter demand, limited new multifamily supply, and equidistant proximity to major employment corridors and regional connectors as Biscayne Boulevard, NE 125 ST, NE 163 ST, and I-95. Price Per Door: $194,737 In-Place CAP: 6.2% Pro-Forma CAP: 6.9% Current Occupancy: 95%
This income/multifamily home located at 14280 NE 6th Ave, North Miami FL 33161 is currently for sale and has been available on Brickellsold for 249 days. This property is listed at $4M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1959. 14280 NE 6th Ave, North Miami FL 33161 is in North Miami county Miami-Dade County.
Interior
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Property
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Construction
- Year Built: 1959
Community & HOA
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Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- North Miami Elementary • 0.0 mi • K-12
- Arch Creek Elementary • 0.0 mi • K-12
- North Miami Middle • 0.0 mi • K-12
- Linda Lentin K-8 Center • 0.0 mi • K-12
- North Miami Senior High • 0.0 mi • K-12
- North Miami Adult Education • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.
