1874 Northwest 19th Street, Miami, FL 33125
Well-maintained duplex with two 2-bedroom, 1-bath units, both leased month-to-month for immediate income potential.
- Added:
- May 22, 2026
- Days on Market:
- 18
- Last Refresh:
- Jun 6 at 3:33 am
Property Features for 1874 Northwest 19th Street
General Information
- Standard status
- Active
- Size
- 1,450 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1958
Listing agent Miguel Castillo License #3403589 (305) 757-1700
Listing office Keller Williams Eagle Realty (305) 757-1700
Listing date May 22, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Eagle Realty
HighLights
- Well‑maintained duplex built in 1958 with two 2‑bedroom, 1‑bath units
- Two tenant‑occupied units leased on a month‑to‑month basis
- Total layout features 4 bedrooms and 2 bathrooms across the property
- Sits on a 7,004 sq. ft. lot
- Zoned A‑3900 multi‑family (38–62 U/A) per provided zoning information
Overview
The property is located at 1874 Northwest 19th Street in Miami, Florida, with described easy access to Downtown Miami, Brickell, Miami International Airport, and Midtown. This positioning supports convenient commuting options for tenants and helps keep the rental experience practical for everyday use.
For investors or owner-operators, the existing duplex layout offers straightforward management with two separate residential units. For buyers considering longer-term planning, the favorable multi-family zoning provides a basis for renovation, repositioning, or possible future redevelopment. With tenants already in place on month-to-month terms, the property can support a range of ownership strategies while maintaining operational continuity.
Local 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 | $44.4k | $30.60 |
| − Vacancy | −$2.8k | −$1.95 |
| EGI | $41.5k | $28.65 |
| − OpEx | −$12.5k | −$8.60 |
| NOI | $29.1k | $20.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.314487
- Latitude
- 25.753041
