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14280 6th Ave, North Miami, FL
Offering:
For Sale
Location:
North Miami, FL 33161
Status:
Active
$3,700,000
Details
Year built:
1959
Lot size:
17,416 sq ft
Days on market:
230
Cumulative days on market:
658
Annual tax:
$60,446
Type:
Multi-family
MLS ID
A11933823
Virtual tour:
Listed by:
The Alpha Commercial Advisors LLC (TACA01)
Listing agent:
Jamie Maniscalco (3391005)
Description
Presenting Royal Oak Apartments, an expertly stabilized and freshly renovated 19-unit multifamily investment in the supply-constrained North Miami sub-market.
Offering diversified unit typologies, reliable in-place income with majority market-rate tenancies, recent comprehensive renovations, and long-term durability with completed 40-Year Recertification, this asset delivers turnkey performance with curb appeal that lasts.
The property has undergone a capital improvement overhaul, with extensive property-wide interior & exterior upgrades designed to support stable operations and long-term performance. Impact glass throughout and private terraces in select units enhance the property’s modern aesthetic, attracting tenants and supporting consistently high occupancy levels. This is a rare opportunity to acquire for $199K/door a full renovated and stabilized asset.
Locationally supreme, North Miami is a submarket benefiting from strong renter demand, limited new multifamily supply, and equidistant proximity to major employment corridors and regional connectors as Biscayne Boulevard, NE 125 ST, NE 163 ST, and I-95.
Price Per Door: $194,737
In-Place CAP: 6.2%
Pro-Forma CAP: 6.9%
Current Occupancy: 95%
Price history
$4,000,000 → $3,769,000
·
Reduced by
$231,000 (5.8%) · 3 price changes
Location
14280 NE 6th AveNorth Miami, FL 33161
MLS information
Last updated Aug 7, 2026
Deemed reliable but not guaranteed.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
