Westmoor
$1,650,000
2190 SW 14th Ter, Coral Gables, FL 33145
82,624
NOI
3,290 sqft
Building Size
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Other Available Information, Rent Rolls
- Cooling: Electric, Other, Zoned
- Heating: Window/Wall
- Flooring: Tile
- Construction Materials: Concrete Block Construction
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.
Location
Gallery
