About 1800 Nw 19th Terrace
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.
Features of 1800 Nw 19th Terrace
| MLS® # | A12011729 |
|---|---|
| Price | $1,650,000 |
| Square Footage | 4,138 |
| Year Built | 1979 |
| Type | Multi-Family |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 1800 Nw 19th Terrace |
|---|---|
| Area | 2310 |
| Subdivision | MARLDALE SUB |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33125 |
| HOPA | No Hopa |
Amenities
| Utilities | Cable Not Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Separate Meters |
|---|---|
| Cooling | Central Air |
| # of Stories | 2 |
Exterior
| Roof | Concrete |
|---|---|
| Construction | Block, CBS |
School Information
| Elementary | Comstock |
|---|---|
| Middle | Brownsville |
| High | Miami Jackson |
Additional Information
| Zoning | 3900 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Fausto Commercial Realty Consultants Inc |
|---|