Updated Brick
For Sale
$2,050,000
1736 NW 19th St, Miami, FL 33125
Residential Income, Miami, FL
Property Size4,928 SF
Price / SF$415.99
Days on Market50
Property Features for 1736 NW 19th St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
3900
Bedrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1
Parking
10
Subdivision
MULBERRY PARK
Lot features
< 1/4 Acre
Special listing conditions
Real Estate Owned, In Foreclosure
Standard status
Active
APN
01-31-34-011-0180
Size
4,928 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
MULBERRY PARK PB 7-109 LOT 21 LOT SIZE 6800 SQUARE FEET OR 9884-42 COC 21981-2617 01 2004 1
Tax Annual Amount
21542
Legal Description
MULBERRY PARK PB 7-109 LOT 21 LOT SIZE 6800 SQUARE FEET OR 9884-42 COC 21981-2617 01 2004 1
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Window Unit(s), Ceiling Fan(s), Wall/Window Unit(s)
Building Details
Year built
1962
Floors in Building
2
Flooring type
Tile, Tile - Ceramic
Building materials
Brick, Block
Roof type
Tile, Flat
Architectural style
Other
Listing Agency:
Real Estate Sales Force
(305) 392-1497
Listed By:
Antonio Cristobal · License #3253230
(786) 457-3211
Added: Jul 6
Changed: Aug 20
Last Checked: Aug 24 at 9:06PM
MLS# A11958768
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Miami quadplex contains 4,928 square feet and was built in 1962. The building features brick and block construction, tile flooring, central heating, and a combination of window and wall cooling units with ceiling fans. Electrical, plumbing, and roof improvements have been completed, and the property is reported to have no deferred maintenance.
The asset is located at 1736 NW 19th St in Miami, within Miami-Dade County. It is served by public sewer and has 100% occupancy. The roof includes tile and flat sections, while the interior finish uses ceramic tile flooring.
The asset is located at 1736 NW 19th St in Miami, within Miami-Dade County. It is served by public sewer and has 100% occupancy. The roof includes tile and flat sections, while the interior finish uses ceramic tile flooring.
Key Highlights
- 4,928‑square‑foot quadplex built in 1962
- 100% occupied multifamily asset
- Completed electrical and plumbing improvements
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$98,834
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,976,680
$2.0M
Cap Rate 7%
$1,411,914
$1.4M
Cap Rate 9%
$1,098,156
$1.1M
Market Conditions
NOI Build-Up for 4,928 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$150.8K $30.60/SF
− Vacancy
−$9.6K −$1.95/SF
EGI
$141.2K $28.65/SF
− OpEx
−$42.4K −$8.60/SF
NOI
$98.8K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,976,680
Cap Rate 7%
$1,411,914
Cap Rate 9%
$1,098,156
Alternative Uses
Best Use
Multifamily LT 5
$1.41M
$1.24M – $1.65M
NOI $98,834 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$1.30M
$1.14M – $1.52M
NOI $91,037 @ 7.0% cap · market cap 4.44%
Theoretical Best
Specialty Retail
$3.33M
$2.91M – $3.88M
NOI $232,850 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
6,668
Businesses Nearby
Explore this area
Business Placement
Demographics for 33125, FL
53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied four-unit property with completed electrical, plumbing, and roofing improvements.
Where is this quadplex located?
The property is located at 1736 NW 19th St Miami, FL.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: 4,928‑square‑foot quadplex built in 1962; 100% occupied multifamily asset; Completed electrical and plumbing improvements
