1800 NW 19th Terrace For Sale
Property Details
| Asking Price | $1,550,000 |
|---|---|
| Price per SqFt | $375 |
| Property Taxes | $13,600 2025 |
| Interior Space | 4,138 SqFt |
| Beds/Baths | —/— |
| Year Built | 1979 |
| Pool | No |
| MLS # | A12011729 |
Location
From the listing
PRICE DROP 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.
Listed by Fausto Commercial Realty Consultants Inc
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $13,600 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 1800 NW 19th Terrace, Miami, FL 33125
Sales history is unavailable for this property
Listed by Fausto Commercial Realty Consultants Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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1800 NW 19th Terrace, Miami · MLS A12011729 · $1,550,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.