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.
Details
| MLS # | A12018760 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1957 |
| Days On Site | 134 |
| Listing Provided By | Compass Florida, LLC | Jesse Spencer |
Features
| SQ Feet | 3,290 |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Zoning | 3900 |
Taxes
| Tax Annual Amount | 15900 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33145 |
| Area | 2410 |
| Community Name | WESTMOOR |
| Listing VS Median (in WESTMOOR) | |
Price: $1,600,000 low | high Med: $2,900 sqft: 3,290 low | high Med: 600 $ / sqft: $486 low | high Med: $5 On site: 134 low | high Med: 247 | |
Market Activity 33145
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33145 |
| Area | 2410 |
| Community Name | WESTMOOR |
| Listing VS Median (in WESTMOOR) | |
Price: $1,600,000 low | high Med: $2,900 sqft: 3,290 low | high Med: 600 $ / sqft: $486 low | high Med: $5 On site: 134 low | high Med: 247 | |