About This Home
This 4-bedroom, 0-bathroom multi-family at 1821 NW 33rd St in Miami, FL is listed for $1,074,000 ($353 per sqft). Built in 1925, the home offers 3,042 sqft of living space on a N/A lot.
Key Features
- Built in 1925
- 2 stories
- 10 parking spaces
Property Details
Amenities
Four-unit multifamily investment opportunity in Miami's Allapattah neighborhood with established in-place income and long-term upside. The property consists of four 1-bedroom / 1-bath units generating $89,940 in annualized rental income, with an in-place NOI of $58,385 and a 5.4% cap rate at the current asking price.
Features include separate electric meters, shared on-site laundry, on-site parking, a 2020 roof, 2021 stucco improvements, and completed 2025 recertification. The 8,632 SF lot provides a functional property layout with convenient access to Wynwood, Miami International Airport, Downtown Miami, Brickell, South Beach, and major transportation corridors.
A strong opportunity for investors seeking current income with additional operational upside. Seller is seeking a traditional sale with full proceeds at closing. Seller financing will not be considered. Short-term rental income is subject to applicable local regulations.
Monthly Cost Estimate
$5,744/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1821 NW 33rd St
Miami, FL 33142
HOLLEMAN MANOR ADDN
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 4-bedroom, 0-bathroom multi-family at 1821 NW 33rd St is listed at $1,074,000 ($353/sqft). The estimated monthly payment is $5,744 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1925, 2 stories, 10 parking spaces.
This property is listed by Lourdes Muro and can be reached at 2397030474.