1800 NW 19th Terrace, Miami, FL 33125

Listing Snapshot

About This Home

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.

General Features

Property Type

ResidentialIncome

Sub-type

Quadruplex

Stories

2

Parking Spaces

12

Zoning

3900

Utilities

CableNotAvailable

Subdivision

MARLDALE SUB

Interior Features

Flooring

Terrazzo,Tile

Heating

Central,SeparateMeters

Cooling

CentralAir

Exterior Features

Construction

Block

Roof

Concrete

Pool

No

Waterfront

No

Community Features

MLS Area

2310

Schools

Map

Virtual Tour