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.
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Architectural Style
- Roof:
- Concrete
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33125
- Street:
- 1800 Nw 19th Ter, Miami, Florida 33125
- Longitude:
- W81° 46' 28''
- Latitude:
- N25° 47' 37''
- Building Area:
- 4,138 Sqft
- Construction Materials:
- Block
- DOM:
- 1
- Flooring:
- Tile, Terrazzo
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional, FHA
- Lot Features
- Parcel Number:
- 01-31-34-012-0010
- Subdivision Name:
- MARLDALE SUB
- Tax Annual Amount:
- $13,600
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
1800 Nw 19th Ter, Miami, Florida 33125, Miami, Florida 33125
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,650,000
- Square Footage :
- 4,138 Sqft
- Year Built :
- 1979
- MLS # :
- A12011729
- Property Sub Type :
- Quadruplex
