2190 SW 14th Terrace, Miami, FL 33145

$1,600,000
3,290
SqFt

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List Price
$1,600,000
Status
ACTIVE
Days on Market
72
Price Change
▼ $50,000 1787264572
MLS#
A12018760
Subtype
Residential Income
Year Built
1957
Living Area
3,290
Subdivision
Westmoor
MLS Area Major
2410

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

Taxes
$15,900
Flooring
Tile
Heating
Wall Furnace
Air Conditioning
Electric, Other, Zoned
Exterior Construction
Block
Stories
2
Roof
Shingle
Elementary School
Shenandoah
Middle School
Shenandoah
High School
Miami

Listing courtesy of Compass Florida, LLC. Contact:

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Agent: Jesse Spencer | Email: jesse.spencer@compass.com