14th Avenue Apartments
Multifamily | 6 Units | $448,333/unit
Marketing description
Horvath & Tremblay is pleased to present the exclusive sale of 14th Avenue Apartments, a new construction multi-family investment property located at 5410 NW 14th Avenue in Miami, Florida (“the Property”). With an anticipated completion date in August 2026, 14th Avenue Apartments will be a three-story multi-family property containing six (6), 3-Bedroom/2 Bathroom residential units with 7,254 square feet of living area on a 0.16-acre corner parcel of land. The new construction Property offers an attractive and modern architectural design, large, spacious units with open floor plans, in-unit laundry, private patios or balconies, and condo-quality finishes. 14th Avenue Apartments will also offer six (6) on-site parking spaces for residents.
14th Avenue Apartments is situated in an excellent location in Miami’s Northwestern quadrant. The Property is located along NW 54th Street and is 0.8 miles from NW 7th Avenue (US Route 441) and 1 mile from the Interstate 95, both of which offer outstanding regional connectivity throughout Miami and to the broader South Florida market. The Property enjoys proximity to an appealing array of retailers, restaurants, bars, and service amenities along NW 54th Street and US Route 441. 14th Avenue Apartments is positioned along the municipal bus line and offers convenient access to the Brownsville and Allapattah Metro Stations. The Property provides outstanding access to Downtown Miami and the employment, education, and entertainment venues the city offers. Additionally, Miami International Airport, Hialeah, Biscayne Bay, Miami Beach, and the Miami Medical District are all within a few miles of the Property. The Property provides a rare opportunity to own an attractive, new construction multi-family Property with unparalleled access to Downtown Miami.
Investment highlights
EXCELLENT LOCATION
14th Avenue Apartments enjoys an outstanding location at the intersection of NW 14th Avenue and NW 54th Street in a quiet residential neighborhood. 14th Avenue Apartments offers outstanding access to the area’s primary roadways including NW 7th Avenue (US Route 441), NW 24th Avenue (State Road 9), Interstates 95 and 195, US Routes 1 and 27, and State Roads 112, 933, 934, which connect the Property to Miami Beach and the major cities in South Florida. The Property is also convenient to Miami International Airport (5-miles). The densely populated neighborhood consists primarily of multi family buildings, and single-family homes of older age and construction of the Property. The location offers ease of access to major retailers, employment hubs, shopping, and public transportation (several bus routes and Metrorail & Brightline Stations).
BUILD-OUT & AMENITIES
The new construction apartment building will be completed in August 2026. The three-story building will feature a modern and attractive architectural design and will offer six (6) on-site parking spaces. The new construction apartment building will be completed with condo quality finishes throughout. The units feature open floor plans, kitchens with wood cabinets, stone countertops, high-end tile floors throughout, upgraded bathrooms with high end finishes, in-unit laundry hook-ups (washer and dryer), large closets, and brand new, top-of-the-line split AC systems, ensuring optimal comfort and energy efficiency year-round. Additionally, each unit features a private patio or balcony and is separately metered for electricity, heat & air-conditioning, hot water and domestic water and sewer.
STRONG RENTAL MARKET
The Property is situated within a strong rental market with proximity to Downtown Miami, Hialeah, Little Havana, Coral Gables, Miami Beach, and numerous prominent area employers and attractions creating high demand and low vacancies.
MIAMI DADE MSA AMENITIES
Miami-Dade is one of the state’s – and the world’s – most popular vacation spots. The trendy nightlife of South Beach and the excitement of the Art Deco District. The bustle of Calle Ocho and the highly caffeinated energy of Little Havana. The plush hotels of Miami Beach and the historic hideaways of Coral Gables. Seemingly endless shopping opportunities in modern, sprawling malls and the quiet, personal attention offered by the family-owned shops of Coconut Grove and many other corners of the region. The lures of deep-sea fishing and golf and tennis, major league football, basketball, hockey and baseball, boat shows and auto racing, art festivals, outdoor food, and wine extravaganzas, an international airport and the world’s busiest cruise port – the Miami area offers all of this – and so much more.
Miami-Dade’s beaches, boating and fishing offer opportunities for year-round recreational pursuits. There are miles of popular beaches along the Atlantic Ocean and Biscayne Bay, from Sunny Isles Beach through Key Biscayne and south to Homestead’s Bayfront Park. Just offshore is Biscayne National Park, and to the west is Everglades National Park, making Miami-Dade one of the only communities in the U.S. to have two of these national treasures. Golf and tennis are among the many other outdoor recreational activities that Miami-Dade residents enjoy year-round. The region also has an extensive network of parks and other recreational facilities, as well as an extensive network of bicycle lanes that run throughout Miami-Dade County.
DEMOGRAPHICS
Over 33,200 people live within 1 mile of the Property, and an impressive 260,400+ people live within 3-miles of the Property with an average household income of $84,415. Additionally, there are over 119,400 employees within 3 miles of the Property.
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