OFF MARKET

1844 19th St

Miami-Dade, MARLDALE SUB, Miami, FL

Asking

$1,400,000

BTC

13.317

ETH

363.31

Home Size
4,520 sq. ft.
Year Built
1971
This 6-unit apartment building features 2 units with 2 bedrooms and 1 bathroom each, and 4 units with 1 bedroom and 1 bathroom each. Currently, 4 units are occupied, generating a monthly income of $3,650. The rents are significantly below market rates and can conservatively be raised to $1,800 for the 1-bedroom units and $2,000 for the 2-bedroom units, bringing in over $11,200 per month. The projected yearly income is approximately $134,400. The property includes separate electric meters, two balconies, 8 private parking spaces, and has undergone a 40/50 year recertification in 2023. Located just minutes from downtown Miami, this building represents an excellent investment in a dynamic area with strong rental demand and a growing population, ensuring long-term appreciation.

LOADING

Location

Market Area
Miami-Dade
Neighborhood
MARLDALE SUB

Agent

Breigel Leiva

+1 310 910 1722

Contact Email

[email protected]