Commercial property in North Miami, Florida № 1992070

Commercial property in North Miami, Florida № 1992070
ID1992070 $ 4 000 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1992070

Property 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. 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.
MLS #: A11933823
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CityNorth Miami
Address14280 NE 6th Ave, North Miami FL 33161
TypeCommercial property
Completion dateIV quarter, 1959
Price
  • Price
  • per m²
$ 4 000 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £