2190 SW 14th Ter, Miami FL 33145

$1,650,000

Overview

Quadruplex
Property Type

3290 Square Feet
Area Size

Square Feet
Land Area

1957
Year Built

Compass Florida, LLC
Listing Office

Jesse Spencer
Listing Agent

A12018760
Property ID

360° Virtual Tour

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.

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