Fourplex Investment
1821 Northwest 33rd Street Miami, FL 33142
For Sale
$1,299,000
Fourplex for sale with four 1BR/1BA units, individual electric meters, central A/C, and large private parking.
Property Size3,042 SF
Price / SF$427.02
Days on Market217
Property Features for 1821 Northwest 33rd Street
General Information
- Standard status
- Active
- Size
- 3,042 SF
- Property subtype
- Multi-Family Income / Fourplex
Building Details
- Year Built
- 1925
Listing Agency:
All Hud Realty and Management,
(239) 703-0474
Listed By:
Lourdes Muro · License #3166059
(239) 703-0474
Source:
Compass
Added: Dec 19, 2025
Changed: Jul 22
Last Checked: Jul 23 at 11:15AM
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 All Hud Realty and Management,
Investment Insights
Based on property information with market context.
This fourplex investment property includes four separate 1BR/1BA units. Each unit has its own electric meter, and all units feature central A/C. The property also offers large private parking for residents.
The seller’s remarks indicate short- and long-term rental flexibility, with Airbnb permitted by warrant.
Located at 1821 Northwest 33rd Street in Miami, the property is presented as turn-key for immediate ownership.
The seller’s remarks indicate short- and long-term rental flexibility, with Airbnb permitted by warrant.
Located at 1821 Northwest 33rd Street in Miami, the property is presented as turn-key for immediate ownership.
Key Highlights
- 1925‑built fourplex with four 1BR/1BA units
- Each unit has an individual electric meter
- All units include central A/C
Financial Insights For Multifamily LT 5
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 | $93.1k | $30.60 |
| − Vacancy | −$5.9k | −$1.95 |
| EGI | $87.2k | $28.65 |
| − OpEx | −$26.1k | −$8.60 |
| NOI | $61.0k | $20.06 |
3,042 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$871.6K
$762.6K – $1.02M
NOI $61,009 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$802.8K
$702.5K – $936.6K
NOI $56,196 @ 7.0% cap · market cap 4.33%
Theoretical Best
Specialty Retail
$2.05M
$1.80M – $2.40M
NOI $143,736 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Total Marketing Group ...
General Contractor
FAQs
What type of property is this?
Quadplex - Fourplex for sale with four 1BR/1BA units, individual electric meters, central A/C, and large private parking.
Where is this quadplex located?
The property is located at 1821 Northwest 33rd Street Miami, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 1925‑built fourplex with four 1BR/1BA units; Each unit has an individual electric meter; All units include central A/C
