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14305 NE 6th Ave 10 Unit Apartment Building $2,195,000 ($219,500/Unit) 6.68% Cap Rate North Miami, FL 33161
Investment Highlights
- Brand New Roof
- 100% Occupancy
- Ample Private Parking
- Central A/C
- 40-Year Recertification Complete
- Laundry On-Site
Executive Summary
MCG Realty Advisors is proud to exclusively present for sale 14305 NE 6th Avenue – a rare and compelling multifamily investment opportunity in the booming North Miami submarket of Miami-Dade County.
This is one of those properties investors love because it’s simple, stable, and full of great upside potential. Located in a quiet residential pocket of North Miami, the property consist of 10 spacious units offering a mix of five (1 bedroom), 3 (studios) and 2 (1 bedroom) apartments. Roof was recently replaced and includes warranty.
Positioned in one the city’s growing residential corridors, the property has central A/C, updated interiors and ample parking for residents and guests. This combination of smaller and larger layouts caters to multiple tenant segments from working professionals and single occupants offering consistent occupancy and low turnover for its owners.
High demand for quality rentals in this area has kept prices rising and will continue to do so for the foreseeable future. Middle-income multifamily properties in great neighborhoods, such as this property, have proven strong performance and resilience in down markets.
Contact Ron Mann for Complete OM including Rent Roll and Financials: Ron@MCG-Realty.com
This is one of those properties investors love because it’s simple, stable, and full of great upside potential. Located in a quiet residential pocket of North Miami, the property consist of 10 spacious units offering a mix of five (1 bedroom), 3 (studios) and 2 (1 bedroom) apartments. Roof was recently replaced and includes warranty.
Positioned in one the city’s growing residential corridors, the property has central A/C, updated interiors and ample parking for residents and guests. This combination of smaller and larger layouts caters to multiple tenant segments from working professionals and single occupants offering consistent occupancy and low turnover for its owners.
High demand for quality rentals in this area has kept prices rising and will continue to do so for the foreseeable future. Middle-income multifamily properties in great neighborhoods, such as this property, have proven strong performance and resilience in down markets.
Contact Ron Mann for Complete OM including Rent Roll and Financials: Ron@MCG-Realty.com
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,195,000 | Building Class | C |
| Price Per Unit | $219,500 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 6,742 SF |
| Cap Rate | 6.68% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1962/2025 |
| Property Subtype | Apartment | Parking Ratio | 1.63/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-6 - 3800 - MULTI-FAMILY - 22-37 U/A | ||
| Price | $2,195,000 |
| Price Per Unit | $219,500 |
| Sale Type | Investment |
| Cap Rate | 6.68% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 6,742 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2025 |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | R-6 - 3800 - MULTI-FAMILY - 22-37 U/A |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | $1,400 | - |
| 1+1 | 5 | $1,600 | - |
| 2+1 | 2 | $1,750 | - |
1 1
Property Taxes
| Parcel Number | 06-2219-006-1870 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,244,551 |
Property Taxes
Parcel Number
06-2219-006-1870
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,244,551
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14305 NE 6th Ave
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