
Listed by MCG Realty Advisors
$1,995,000
14305 NE 6th Avenue
Details
APN 06-22-19-006-1870
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 6,742
Net Rentable (SqFt) 6,742
Units 10
Cap Rate 7.1%
NOI $141,725
Occupancy 100%
Pro-Forma Cap Rate 7.25%
Pro-Forma NOI $144,600
Price per SqFt $296
Broker Co-Op No
Class B
Year Built 1962
Buildings 1
Stories 2
Lot Size (SqFt) 10,273
Zoning 3800
Multifamily | 10 Units | $199,500/unit
Marketing description
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.
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.
Investment highlights
Brand New Roof
40-Year Recertification Completed
100% Occupancy
Central A/C
Laundry On-Site
Ample Private Parking
Listing Contacts

Listed by MCG Realty Advisors
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$141,725.00
$11,810.42/mo
Valuation Metrics
0
DSCR
7.1%
Cap Rate
7.1%
ROI
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