Premier Real Estate Group
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14280 Ne 6th Avenue

North Miami, FL 33161

MLS # A11933823· ActiveIDX IDX

$3,690,000

Bathrooms
0
Living area
8,324 sq ft
Lot size
0.4 acres
Year built
1959
Type
Multi Family
Days on market
299

About this home

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 $199K/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: $194,737In-Place CAP: 6.2%Pro-Forma CAP: 6.9%Current Occupancy: 95%

Details

MLS #A11933823
StatusActive
CountyMiami-Dade
ZIP33161
Annual taxes$60,446

Listing courtesy of The Alpha Commercial Advisors LLC, Jamie Maniscalco. Last updated Sep 15, 2026, 11:18 AM ET.

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Licensed brokerage

Premier Real Estate Group Inc

Broker of record Maxim Bohadana, Florida broker license BK3314523

(954) 703-4504

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IDX

The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Sep 15, 2026, 11:18 AM ET.

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