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.
Disclaimer
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Compass Florida, LLC.