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1499 NW 32Nd St Miami, FL 33142

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For Sale
$1,100,000

Four-unit multifamily property in Allapattah with income and redevelopment potential.

Building Details

Year built
1930

Source: The Keyes Company Agent Faith Johnson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Allapattah Multifamily Investment Opportunity

This four-unit multifamily property in the heart of Allapattah presents a rare investment opportunity. The property is being sold as-is. The fully leased building offers strong cash flow and significant upside potential. The property features 5 bedrooms and 4 full bathrooms across four units, including one 2-bedroom, 1-bathroom unit and three 1-bedroom, 1-bathroom units. The building is of solid concrete construction with recent updates. It sits on a 6,950 square foot lot zoned T3-O (Duplex). The property is centrally located near Wynwood, Miami Health District, downtown, and major highways. It is ideal for investors seeking stable income or redevelopment potential in a rapidly growing area.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Food Market

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.22162
Latitude
25.806513

FAQs

What type of property is this?
Quadplex - Four-unit multifamily property in Allapattah with income and redevelopment potential.
Where is this quadplex located?
The property is located at 1499 NW 32Nd St Miami, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: - Strong cash flow from a fully leased 4-unit multifamily property.; - Significant upside potential in a rapidly growing Allapattah area.; - Zoned T3-O (Duplex) on a 6,950 sq ft lot, offering redevelopment possibilities.
More about this property
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