1800 NW 19th Terrace, Miami, FL, 33125
1979
4,138 sqft
Rare opportunity to acquire a high-performing, income-generating 4-plex in the heart of Miami’s booming Allapattah neighborhood. Strategically located just blocks from the Miami Health District (Jackson Memorial/UM), this property is a turnkey "bunker" delivering a massive $12,650 in monthly gross income ($150k/year). The building features two large 3-bedroom/2-bathroom units and two spacious 2-bedroom/1-bathroom units of solid 1979 CBS construction on a generous 7,072-square-foot lot. What truly sets this asset apart is the unrivaled on-site parking: 12 dedicated spots provide a 3:1 ratio that is virtually non-existent for any multifamily property in the City of Miami, offering a significant competitive edge for tenant retention and future rent appreciation. With T4-R (Urban Centre Zone - Transition) zoning, the property offers long-term development density upside in a supply-constrained district fueled by the Health District workforce and the expanding Wynwood/Edgewater corridor. Whether you are looking for a stable 1031 exchange vehicle or a strategic land-bank with high-yield immediate returns, this Allapattah gem hits every mark. Do not disturb tenants.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
3900
Subdivision:
MARLDALE SUB
Heating:
Central, Separate Meters
Cooling:
Central Air
Levels:
2
Est. Taxes:
$13,600
Construction
Block, CBS
Utilities
Cable Not Available
Elementary School:
Comstock
Middle School:
Brownsville
High School:
Miami Jackson
Days on Market:
69
MLS #:
A12011729
Community Info
School Info
Walk Score
Yelp
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