1800 NW 19th Ter, Miami FL 33125

Description

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.

This quadruplex home located at 1800 NW 19th Ter, Miami FL 33125 is currently for sale and has been available on Brickellsold for 36 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is 4138 square feet. It was built in 1979. 1800 NW 19th Ter, Miami FL 33125 is in Miami county Miami-Dade County.