CBS Quadplex With On-Site
1800 NW 19th Ter, Miami, FL 33125
For Sale
$1,550,000
Four residential units include a mix of two- and three-bedroom floor plans with dedicated parking.
Property Size4,138 SF
Lot Size0.16 Acres
Price / SF$374.58
Days on Market193
Property Features for 1800 NW 19th Ter
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Gross Income
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Construction
Tenancy
Listing Agency:
Fausto Commercial Realty Consultants Inc
Listed By:
Miguel Fuentes · License FL #3403804
(305) 915-3492
Source:
Casacollectiongroup
Added: May 1
Changed: Oct 31
Last Checked: Nov 8 at 1:37PM
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 Fausto Commercial Realty Consultants Inc
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Investment Insights
Based on property information with market context.
This four-unit multifamily property was built in 1979 using CBS construction and occupies a 7,072-square-foot lot. The unit mix includes two three-bedroom, two-bath residences and two two-bedroom, one-bath residences, providing varied layouts within a compact income-property format. Twelve dedicated parking spaces are located on site.
The property is at 1800 NW 19th Ter in Miami, Florida, within Allapattah and just blocks from the Miami Health District, including Jackson Memorial and UM. T4-R zoning, identified as an Urban Centre Zone—Transition, governs the property and supports its urban multifamily setting. The location also places the building near the Wynwood and Edgewater corridor.
The property is at 1800 NW 19th Ter in Miami, Florida, within Allapattah and just blocks from the Miami Health District, including Jackson Memorial and UM. T4-R zoning, identified as an Urban Centre Zone—Transition, governs the property and supports its urban multifamily setting. The location also places the building near the Wynwood and Edgewater corridor.
Key Highlights
- Four‑unit multifamily property with two 3‑bedroom/2‑bath units and two 2‑bedroom/1‑bath units
- 1979 CBS construction on a 7,072‑square‑foot lot
- 12 dedicated on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,990
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,659,800
$1.7M
Cap Rate 7%
$1,185,571
$1.2M
Cap Rate 9%
$922,111
$922.1K
Market Conditions
NOI Build-Up for 4,138 SF
Gross rent
$126.6K $30.60/SF
− Vacancy
−$8.1K −$1.95/SF
EGI
$118.6K $28.65/SF
− OpEx
−$35.6K −$8.60/SF
NOI
$83.0K $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 Rate 5%
$1,659,800
Cap Rate 7%
$1,185,571
Cap Rate 9%
$922,111
Alternative Uses
Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.38M
NOI $82,990 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$1.09M
$955.5K – $1.27M
NOI $76,443 @ 7.0% cap · market cap 4.93%
Theoretical Best
Specialty Retail
$2.79M
$2.44M – $3.26M
NOI $195,522 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,997
Businesses Nearby
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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
$377,600
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Miami, FL
Properties on Market for Quadplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units include a mix of two- and three-bedroom floor plans with dedicated parking.
Where is this quadplex located?
The property is located at 1800 NW 19th Ter Miami, FL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Four‑unit multifamily property with two 3‑bedroom/2‑bath units and two 2‑bedroom/1‑bath units; 1979 CBS construction on a 7,072‑square‑foot lot; 12 dedicated on‑site parking spaces
