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14260 SW 88th Ave
Palmetto Bay, FL 33176 Palmetto Bay North

$1,600,000 USD

Apartments For Sale • 3,539 SF

Property Details

Property Type Apartments
Total Building Size 3,539 SF
Lot Size 0.34 AC
Building Class C
Year Built 1963
Cap Rate 4.20 %
Zoning 305100

44 Transit Score

76 Walk Score

                
                    Highlights
                
                                Exceptionally Rare And Lucrative Opportunity To Acquire A Well-Maintained, Value-Add 6-Unit Multifamily Community In The Village Of Palmetto Bay
                            
                                Property Consists Of Three Duplexes On Large 0.34 Acre Lot (One Parcel) With Favorable R-TH Zoning For Potential Future Redevelopment
                            
                                Some Capital Improvements Include Brand New Septic Tank & Drain Field And Updated PVC Plumbing - Passed All Recertification Inspections
                            
                                All 1 Bed 1 Bath + Den Units Featuring Central Air-Conditioning Throughout And Individual Tankless Water Heaters
                            
                                Opportunity To Increase Rents By Almost 27% - Long-Term Tenants With Strong Historical Occupancy And Low Turnover
                            
                                Prime Palmetto Bay Location Within Walking Distance To Restaurants, Retailers, Hospitals/Healthcare Centers, Public Transit Stations (Bus), Schools

Property Flyers

Flyer_Palmetto_Bay_Flats_FranklinSt_2026

Cap Rate:

4.20 %

Amenities

24 Hour Access
Air Conditioning
Dishwasher
Microwave
Ceiling Fans
Kitchen
Hardwood Floors
Refrigerator
Oven
Tub/Shower
Large Bedrooms

Public Transportation

Commuter Rail	Drive	Walk	Distance
Dadeland South (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover))	7 min	-	3.7 mi
Dadeland North (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover))	9 min	-	4.6 mi
Airport	Drive	Walk	Distance
Miami International	25 min	-	13.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes

Alec Lau Franklin Street

14260 SW 88th Ave Palmetto Bay, FL 33176 Palmetto Bay North