14280 NE 6th Ave, North Miami FL 33161

Description of 14280 NE 6th Ave, North Miami FL 33161

Presenting Royal Oak Apartments, an expertly stabilized and freshly renovated 19-unit multifamily investment in the supply-constrained North Miami sub-market. Offering diversified unit typologies, reliable in-place income with majority market-rate tenancies, recent comprehensive renovations, and long-term durability with completed 40-Year Recertification, this asset delivers turnkey performance with curb appeal that lasts. The property has undergone a capital improvement overhaul, with extensive property-wide interior & exterior upgrades designed to support stable operations and long-term performance. Impact glass throughout and private terraces in select units enhance the property’s modern aesthetic, attracting tenants and supporting consistently high occupancy levels. This is a rare opportunity to acquire for $199K/door a full renovated and stabilized asset. Locationally supreme, North Miami is a submarket benefiting from strong renter demand, limited new multifamily supply, and equidistant proximity to major employment corridors and regional connectors as Biscayne Boulevard, NE 125 ST, NE 163 ST, and I-95. Price Per Door: $194,737 In-Place CAP: 6.2% Pro-Forma CAP: 6.9% Current Occupancy: 95%

Property Details for 14280 NE 6th Ave, North Miami FL 33161

Pool Private

No

Building Information for 14280 NE 6th Ave, North Miami FL 33161

Building Area Total

8324

Building Area Units

Square Feet

Association

No

Property Information for 14280 NE 6th Ave, North Miami FL 33161

Lot Size Square Feet

17,416

Waterfront

No

View

No

New Construction

No

Public Records for 14280 NE 6th Ave, North Miami FL 33161

Parcel Number

06-22-19-011-0070

Tax Annual Amount

$60,446

Tax Legal Description

19 52 42 RUCKS PARK PB 44-97 LOT 7 & LOT 8 LESS S21FT BLK 1 LOT SIZE 17416 SQUARE FEET OR 20761-1057/21649-376 1002 6 COC 22011-2089 01 2004

Zoning

3800

County Or Parish

Miami-Dade County

Location