1499 NW 32nd St Miami, FL 33142

Building Details

Year Built

1930

Listing office Keyes Company Realtors f***@keyes.com Show Phone

Listing date Nov 28, 2025

Source Elliman

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

All listing content including descriptions, pricing, images are the copyrighted material of Keyes Company Realtors

Report an issue

---

Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $3,300,000

  3,920 SF

  Freestanding Automotive Repair Property

  Freestanding tire shop on SW 8th Street with BU-2 zoning for mixed-use residential and retail possibilities.

  8730 SW 8th St, Miami, FL 33174

  View Details
• 

  $3,300,000

  3,920 SF

  Automotive Repair and Tire Shop

  For-sale turnkey auto repair and tire business with a 3,920 SF building on a BU-2 zoned commercial lot.

  8730 SW 8th St, Miami, FL 33174

  View Details
• 

  $1,159,999

  3,000 SF

  Divisible Retail Storefront

  Retail space zoned for retail use with flexible month-to-month occupancy and the ability to operate as two separate units.

  2151 SW 8th St, Miami, FL 33135

  View Details
• 

  $1,400,000

  2,190 SF

  Corner Class A Medical Office Suite

  Class A corner suite with dedicated parking and multiple private offices plus conference and open work areas.

  8501 SW 124th Ave, Miami, FL 33183

  View Details
• 

  $1,200,000

  2,723 SF

  Stand-Alone Automotive Service Building

  Standalone automotive service building with air-conditioned workspace and room for parking or storage on a zoned mixed-use site.

  2112 NW 36th St, Miami, FL 33142

  View Details
• 

  $1,125,000

  2,300 SF

  Redevelopment Office Land Site

  Zoned T6-8-O redevelopment site with an existing office building and on-site parking.

  470 NW 22nd Ave, Miami, FL 33125

  View Details
• 

  $1,900,000

  Medical Office Complex with Parking

  Two adjacent office buildings plus a back 2/1 home offer flexible medical, rehab, or general office uses.

  3288 NW 36th St, Miami, FL 33142

  View Details
• 

  $1,900,000

  Medical Office and Rehab Campus

  A multi-building Miami healthcare site with existing office/medical use and redevelopment flexibility for apartments, retail, or office.

  3270 NW 36th St, Miami, FL 33142

  View Details
• 

  $2,400,000

  Freestanding Industrial Flex with Fenced Yard

  Freestanding industrial/flex building with fenced yard and on-site parking, delivered vacant at closing for owner use or leasing.

  651 NW 106th Street, Miami, FL 33150

  View Details
• 

  $5,300,000

  Second-Generation Freestanding Restaurant

  Turnkey freestanding restaurant with partially equipped kitchen, dining/bar layout, and outdoor gazebo service window.

  45 NW 22nd Ave, Miami, FL 33125

  View Details
• 

  $8,999,900

  Supermarket Business and Real Estate

  Thriving supermarket, restaurant, bakery, and real estate for sale.

  1305 SW 8th St, Miami, FL 33135

  View Details
• 

  $1,750,000

  Medical Office Condominium Corner Unit

  Turnkey 2nd-floor corner unit with exam rooms, operating room, and ample assigned parking in a healthcare-focused professional park.

  7765 SW 87th Ave, Miami, FL 33173

  View Details

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.