FOR SALE

1800 19th Ter

Miami-dade, Marldale Sub, Miami, FL

Asking

$1,650,000

BTC

20.412

ETH

708.29

Home Size
4,138 sq. ft.
Year Built
1979
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.

LOADING

Location

Market Area
Miami-Dade
Neighborhood
MARLDALE SUB

Agents

Miguel Fuentes

+1 310 910 1722

Mauricio Villasuso

+1 310 910 1722

Contact Email

[email protected]