$1,500,000

Sold

2190 SW 14th Ter, Miami FL 33145

3,290 sq ftBuilt 1957MLS# A12018760

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About this property

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.

Property details

Property type
Multi-family
Year built
1957
Living area
3,290 sq ft
Price per sq ft
$486
Property taxes
$15,900/yr
Parking
6 spaces
Building / community
Westmoor
Status
Sold
MLS #
A12018760

Listing courtesy of Compass Florida, LLC.

Location

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