- MLS® #: A11625158
- 14280 Ne 6th Ave
- North Miami, FL 33161-2998
- $3,950,000
- Business
Welcome to Royal Oaks Apartments, a turnkey 19-unit multifamily gem in North Miami. This fully renovated property includes 16 one-bed/one-bath units and 3 spacious studios, all featuring mini split ACs, new flooring, modern kitchens, impact windows/doors, stylish bathrooms, recessed lighting, and private balconies in most units. The property offers onsite parking, individual electric meters, an onsite laundry facility, secured entrances, and surveillance. The 40-year certification is completed, and the roof has been resealed, ensuring minimal CapEx. Fully occupied, it generates nearly $380,000 annually, providing a 7% Cap rate return with potential for increased returns by adjusting rents to market rates. Situated on a 0.40-acre lot, it allows for up to 40 units to be built if redeveloped.
View Virtual TourEssential Information
- MLS® #A11625158
- Price$3,950,000
- CAD Dollar$5,505,115
- UK Pound£2,974,765
- Euro€3,518,545
- Bathrooms0.00
- Acres0.00
- Year Built1959
- TypeBusiness
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address14280 Ne 6th Ave
- Area22
- CityNorth Miami
- CountyMiami-Dade
- StateFL
- Zip Code33161-2998
Interior
- InteriorTile, Vinyl, Terrazzo
- HeatingOther
- CoolingOther
- # of Stories2
- StoriesTwo
Exterior
- WindowsImpact Glass
- RoofBuilt-Up
- ConstructionBlock
- Office: Fausto Commercial Realty Consultants Inc
Property Location
14280 Ne 6th Ave on www.jupiteroceanfrontcondos.us
Offered at the current list price of $3,950,000, this home for sale at 14280 Ne 6th Ave features 0 bedrooms and 0 bathrooms. This real estate listing is located in of North Miami, FL 33161-2998 . 14280 Ne 6th Ave is listed under the MLS ID of A11625158 and has been on the North Miami real estate market for 134 days.The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of May 12th, 2025 at 5:17am CDT (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2025 MLS of RAMB.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing