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Two Adjacent Income Properties

1781 NW 19th St Miami, FL 33125

1781 NW 19th St, Miami, FL, 33125
$919,500
For Sale
Claim this Listing
$919,500

MULTI_FAMILY - Miami, FL

Property Size2,295 SF
Price / SF$400.65
AddedFeb 23
Days on Market143
Last RefreshJul 16 at 6:06 am

Property Features for 1781 NW 19th St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Rooms
Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 2
Parking
2
Patio and Porch features
Patio
Exterior features
Fence, Patio
Fencing
Fenced
Standard status
Active
APN
01-31-34-011-0080
Size
2,295 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
MULBERRY PARK PB 7-109 LOT 11 LOT SIZE 6800 SQUARE FEET OR 19980-0960 10 2001 1
Tax Annual Amount
7778

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Wall Furnace, Central
Cooling system
Central Air

Building Details

Year built
1955
Floors in Building
1
Flooring type
Tile, Tile - Ceramic
Building materials
Block
Roof type
Shingle

Listing agent Luis Gonzalez License #0644564

Listing office Real Estate TeamMates 7805 Coral Way, Suite 105, MIAMI, FL

Listing date Feb 23, 2026

MLS# A11968657 Listing URL

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 offering includes two adjacent income-producing residential properties. Property 1 is a 3-bedroom, 2-bath home with a fenced outdoor area, parking, and a yard. Property 2 is a 3-bedroom, 1-bath home, also with a fenced outdoor area, parking, and a yard.

The properties are situated on adjacent streets, providing separate access while maintaining the convenience of being close together. The location is described as being in the heart of Miami’s Allapattah neighborhood, with nearby access to Wynwood, the Downtown Miami River District, Jackson Memorial, and SR 836.

For buyers seeking an owner-occupied setup or an investment with two separate residences, the configuration supports tenant privacy and workable day-to-day operations. The fenced yards and included parking for each home add practical outdoor and vehicle accommodations, while the adjacent-street arrangement can be appealing for flexible planning and management.

Key Highlights

  • Two adjacent income‑producing properties in Miami’s Allapattah neighborhood
  • Property 1: 3 bed/2 bath with fenced yard and parking
  • Property 2: 3 bed/1 bath with fenced yard and parking

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $82.6k $36.00
− Vacancy −$5.5k −$2.41
EGI $77.1k $33.59
− OpEx −$34.7k −$15.11
NOI $42.4k $18.47
2,295 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$605.7K
$530.0K – $706.6K (±1% cap)
NOI $42,396 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M (±1% cap)
NOI $108,440 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Arcade & Gaming Center (Bike/Boat/Book/etc) Store Pet Grooming Service Restaurant Garden Center

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

FAQs

What type of property is this?
Single family property - Two adjacent fenced residential units with parking and yards, offering flexible use for investors or multi-generational living.
Where is this single family property located?
The property is located at 1781 NW 19th St Miami, FL.
What is the asking price?
The asking price for this property is $919,500.
What are key features of this property?
This property features: Two adjacent income‑producing properties in Miami’s Allapattah neighborhood; Property 1: 3 bed/2 bath with fenced yard and parking; Property 2: 3 bed/1 bath with fenced yard and parking
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