335 NE 114th St

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335 NE 114th St

Miami, FL 33161
Asking Price
$925K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Miami, Florida.
  • The property is available for purchase at $925,000.
  • Positioned within the active Miami-Dade residential real estate market.
  • Asset provides access to major regional transportation and employment centers.
  • Well-suited for residential investors seeking portfolio expansion in Florida.

What's Special

This apartment building spans the property at 335 NE 114th St in Miami, Florida. Situated within a growing urban corridor in the Miami-Dade market, the asset benefits from its accessibility to regional transit networks and the dense population centers of South Florida. The location provides proximity to major employment hubs and commercial districts that support consistent demand for rental housing. Multifamily assets in this submarket typically attract investors looking for stable yield potential and the ability to capitalize on the region's long-term demographic expansion. The property presents a practical acquisition for those seeking to enhance a local residential portfolio in an established metropolitan area.

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NOI
$80,000
Cap Rate
8.65%
DSCR
1.46
Strong
Cash-on-Cash
9.04%
Monthly Payment
$4,576.395
Annual Cash Flow
$25,083.256

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