$1,650,000

Quadruplex In Miami

  • 4,138 Sqft
  • Updated: May 2
  • 1
    Views for last 30 days
  • 1
  • Source:
    MIAMI REALTORS MLS  MLS#A12011729

About the Property

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-be
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.
  • Property type

    Other

  • Floors

    2

  • Year built

    1979

  • Price/sqft

    $398

Features

  • Parking

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1800 NW 19th Ter, Miami, Florida, United States View on Google Maps
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Fausto Commercial Realty Consultants Inc - Miami

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Fausto Commercial Realty Consultants Inc - Miami
Florida, United States
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27
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2025
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Fausto Commercial Realty Consultants Inc - Miami
Miami, Florida, United States
View agency profile
Last updated
May 2
First listed
May 2
Listing reference
A12011729
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