Four-Unit Multifamily Property Near
For Sale
Contact for pricing
1838 NW 1st St, Miami, FL 33125
Four units near Marlins Stadium, potential for increased returns.
Days on Market659
Property Features for 1838 NW 1st St
General Information
Standard status
Active
Property subtype
Multifamily
Building Details
Year Built
1920
Listing Agency:
First Pro International Rlty
(954) 391-8915
Listed By:
Juan Araujo-Roca · License #3244824
Source:
Crexi
Added: Oct 12, 2024
Changed: Jul 6
Last Checked: Jul 30 at 3:04PM
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 First Pro International Rlty
Investment Insights
Based on property information with market context.
This multifamily property features four units and a storage area. The property is exempted from the 40-year recertification. The property has three FPL meters. Most of the units are rented below market value. Located a few blocks from the New Marlins Stadium, the property is also close to Calle 8, Brickell, the Miami River, Downtown, and the Airport. This property may be suitable for investors seeking a growing area with potential for increased annual net returns. The property may also be suitable for fix and flip strategies. Some tenants have resided in the property for an extended period, up to 19 years.
Key Highlights
- Owner financing available
- Exempt from 40‑year recertification
- Four units plus storage with three FPL meters
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,333
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four units near Marlins Stadium, potential for increased returns.
Where is this quadplex located?
The property is located at 1838 NW 1st St Miami, FL.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Owner financing available; Exempt from 40‑year recertification; Four units plus storage with three FPL meters
