$1,100,000
0 ba · 2,996 sqft
1853 NW 5th Street, Miami, FL 33125
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1821 NW 33rd St, Miami, FL 33142
$1,074,000— Beds— Baths3,042 Sq. Ft.$353 / sq. ft.
Miami, FL 33142 · HOLLEMAN MANOR ADDN
Status
Active
Type
Quadruplex
Year Built
1925
Days on Market
243
MLS #
A11944416
About This Home
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.
Property Details
- Flooring
- Ceramic Floor
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
- Architectural Style
- Attached
Building & Association
- Building Name
- HOLLEMAN MANOR ADDN
- Stories
- 2
- Stories Total
- 2
- Association
- No
Lot & Construction
- Lot Features
- Less Than 1/4 Acre Lot
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- No
- Construction Materials
- Concrete Block Construction
- Roof
- Shingle
- New Construction
- No
Public Records
- Parcel Number
- 01-31-27-011-0190
- Tax Annual Amount
- $11,991
- Tax Year
- 2,025
- Zoning
- 5700
- County Or Parish
- Miami-Dade County
Location
Courtesy of All Hud Realty and Management,
