2190 Sw 14th Ter, Miami, FL 33145

$1,600,000
3,290
SqFt

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List Price
$1,600,000
Price Change
▼ $50,000 1787254969
MLS
A12018760
Complex Name
Westmoor
Status
ACTIVE
Type
Multifamily
Living Area
3,290

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

Days on Market
121
Style
Quadruplex, Fourplex
Special Information
Substantially Remodeled
#Parking Spaces
6
Year Built
1957
Development Name
Westmoor
#Stories
2
Construction Type
Concrete Block Construction
Section
10

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Calculator source: Real Geeks

Listing Courtesy of Compass Florida, LLC, Contact: