Four-Unit Multifamily
For Sale
$1,074,000
1821 NW 33rd St, Miami, FL 33142
Residential Income, Miami, FL
Property Size3,042 SF
Lot Size0.20 Acres
Price / SF$353.06
Days on Market89
Property Features for 1821 NW 33rd St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
5700
Bedrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 4
Parking
10
Subdivision
HOLLEMAN MANOR ADDN
Lot features
< 1/4 Acre
Standard status
Active
APN
01-31-27-011-0190
Size
3,042 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HOLLEMAN MANOR ADD PB 13-60 LOT 22 & S23FT LOT 3 BLK 8 LOT SIZE 52.000 X 166 OR 13871-1957 1088 4 COC 22555-1540 08 2004 4
Tax Annual Amount
11991
Legal Description
HOLLEMAN MANOR ADD PB 13-60 LOT 22 & S23FT LOT 3 BLK 8 LOT SIZE 52.000 X 166 OR 13871-1957 1088 4 COC 22555-1540 08 2004 4
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Amenities
on-site laundry
on-site parking
Building Details
Year built
1925
Floors in Building
2
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Shingle
Architectural style
Other
Listing Agency:
All Hud Realty and Management,
Listed By:
Lourdes Muro · License #3166059
(239) 703-0474
Added: Jul 18
Changed: Oct 13
Last Checked: Oct 14 at 10:06AM
MLS# A11944416
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 four-unit multifamily property contains four one-bedroom, one-bath residences within a 3,042-square-foot building on an 8,632-square-foot lot. The improvements include block construction, ceramic tile flooring, central heating and air conditioning, ceiling fans, a shingle roof, shared laundry, and on-site parking. Each unit has a separate electric meter. The roof was completed in 2020, stucco improvements were made in 2021, and the property completed recertification in 2025.
The property is located at 1821 NW 33rd St in Miami’s Allapattah neighborhood, with public water and public sewer service. Its location provides access to Wynwood, Miami International Airport, Downtown Miami, Brickell, South Beach, and major transportation corridors. Cable service is available, and the property includes four bedrooms and four bathrooms across the unit layout.
The property is located at 1821 NW 33rd St in Miami’s Allapattah neighborhood, with public water and public sewer service. Its location provides access to Wynwood, Miami International Airport, Downtown Miami, Brickell, South Beach, and major transportation corridors. Cable service is available, and the property includes four bedrooms and four bathrooms across the unit layout.
Key Highlights
- Four 1‑bedroom / 1‑bath units
- 3,042 SF building on an 8,632 SF lot
- Separate electric meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,009
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,220,180
$1.2M
Cap Rate 7%
$871,557
$871.6K
Cap Rate 9%
$677,878
$677.9K
Market Conditions
NOI Build-Up for 3,042 SF
Gross rent
$93.1K $30.60/SF
− Vacancy
−$5.9K −$1.95/SF
EGI
$87.2K $28.65/SF
− OpEx
−$26.1K −$8.60/SF
NOI
$61.0K $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%
$1,220,180
Cap Rate 7%
$871,557
Cap Rate 9%
$677,878
Alternative Uses
Best Use
Multifamily LT 5
$871.6K
$762.6K – $1.02M
NOI $61,009 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$802.8K
$702.5K – $936.6K
NOI $56,196 @ 7.0% cap · market cap 5.23%
Theoretical Best
Specialty Retail
$2.05M
$1.80M – $2.40M
NOI $143,736 @ 7.0% cap · market cap 13.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,517
Businesses Nearby
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom residences with separate electric meters, shared laundry, and on-site parking.
Where is this quadplex located?
The property is located at 1821 NW 33rd St Miami, FL.
What is the asking price?
The asking price for this property is $1,074,000.
What are key features of this property?
This property features: Four 1‑bedroom / 1‑bath units; 3,042 SF building on an 8,632 SF lot; Separate electric meters for each unit
