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Priced at $695,000, this multifamily apartment building located at 14615 NE 14th Ave in Miami, Florida, presents a clear acquisition target for investors seeking residential assets. The property consists of 2 units, offering a manageable scale for localized management strategies within the Miami-Dade submarket. Given the density and ongoing demand for housing in this region, such properties serve as reliable rental stock for the area's diverse demographic. Investors may leverage this configuration to generate steady income streams while capitalizing on the long-term appreciation trends common to the South Florida real estate market. The asset is well-positioned for those targeting residential portfolio expansion in an established urban setting. The property’s footprint facilitates straightforward oversight and efficient tenant turnover, fitting well into a variety of investment models. Its location within a primary metropolitan hub ensures connectivity to major local employment centers and essential transit arteries, maintaining persistent appeal for prospective tenants throughout the year.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.