$3,595,000
 $19,299 est/mo Sourced by Back At You

14280 NE 6th Avenue,North Miami, FL 33161

North Miami, FL 33161

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Description

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 $189K/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: $189,211In-Place CAP: 6.2%Pro-Forma CAP: 7%Current Occupancy: 100%

Details

MLS #A11933823
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1959
Days On Site317
Listing Provided ByThe Alpha Commercial Advisors LLC | Jamie Maniscalco

Features

SQ Feet8,324
Zoning3800
Acreage0.40

Taxes

Tax Annual Amount60446

Area Information

StateFL
CountyMiami Dade
CityNorth Miami
Zip Code33161
Area2220
Listing VS Median (in 33161)
Price:
$3,595,000
low | high
Med:
$135,000
100% of Average
sqft:
8,324
low | high
Med:
696
100% of Average
$ / sqft:
$432
low | high
Med:
$200
100% of Average
On site:
317
low | high
Med:
128
100% of Average
Sourced by Back At You

Market Activity 33161

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Learn More About This Property

Candace Hubbard Crum

Candace Hubbard Hubbard Crum

Coldwell Banker Premium Realty

SL3507223 (561) 701-3993candace@cbfloridarealty.com
StateFL
CountyMiami Dade
CityNorth Miami
Zip Code33161
Area2220
Listing VS Median (in 33161)
Price:
$3,595,000
low | high
Med:
$135,000
100% of Average
sqft:
8,324
low | high
Med:
696
100% of Average
$ / sqft:
$432
low | high
Med:
$200
100% of Average
On site:
317
low | high
Med:
128
100% of Average
Sourced by Back At You
Listing Updated: October 30, 2026 at 5:22:45 PM PDT
Candace Hubbard Crum
License #: SL3507223
(561) 701-3993
Coldwell Banker Premium Realty
406 Lucerne Ave
Lake Worth Beach, FL 33460

Candace Hubbard - Coldwell Banker Premium Realty