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1800 NW 19th Ter, Miami FL 33125

Multi-family For Sale
$1,650,000

BTC: 24.81203008

ETH: 841.40744518

30 days
0 room(s)
4,138 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1979
Lot:
No Data
Heating:
Central
Price/sqft:
$399
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,424,500
$1.0M – $1.6M
Confidence Low
List vs. estimate
$225K above estimate
List $1,650,000 · +15.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$398
-7.1% vs. city median $429
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $530K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,600
2025
Parking
12 spaces
All facts and features
  • Flooring

    • Terrazzo

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Stairs

  • Other Property Information

    • Parcel Number: 01-31-34-012-0010

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $13,600

  • Source details

    • MLS ID: A12011729

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Other

    • Living Area: 4138

    • Subdivision Name: MARLDALE SUB

Private inquiry
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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc