1821 NW 33rd St, Miami, FL 33142

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