2190 Sw 14th Ter, Miami, FL 33145

$1,650,000
3,290
SqFt

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List Price
$1,650,000
MLS#
A12018760
Sq. Ft
3,290
Subtype
Quadruplex
County
Miami-Dade
Community
Westmoor
Subdivision
Westmoor
Year Built
1957

Property Description

Introducing 2190 SW 14th Terrace, a fully renovated, turnkey, 100% leased 6-unit multifamily in Miami's Shenandoah corridor. The property delivers stabilized in-place income of $132,000 annually, with all leases running through mid-2027. A comprehensive 2020 renovation addressed major building components: new roof, hurricane-rated impact windows and doors, individual mini-split HVAC (central AC in one unit), new electrical, perimeter fencing, full interior gut with new tile flooring, kitchens and bathrooms, coinless laundry (owned), and tankless water heaters. Unit mix of 2 studios (approx. 450 SF) and 4 one-bed/one-bath apartments (approx. 600 SF), each with an assigned on-site parking space. Centrally positioned minutes from Brickell, the Health District, Coral Gables, Coconut Grove, and Calle Ocho. Shenandoah sits at a higher elevation than Miami's coastal submarkets, a growing consideration for lenders and insurers.

Additional Information

Status Label
ACTIVE
Total Unitsin Complex
2
Construction
Concrete Block Construction
Cooling
Electric, Other, Zoned
Flooring
Tile
Heating
Window/Wall
Lot Description
Less Than 1/4 Acre Lot
Roof
Shingle
Special Information
Substantially Remodeled
Taxes
$15,900
Total Floors
2
Stories
2
Roofing
Shingle
Price Per Sqft
$501

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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of Compass Florida, LLC, Contact: