Triplex with Updated
For Sale
$399,999
Pending
4419 NW 17th Ave, Miami, FL 33142
Residential Income, Miami, FL
Property Size1,652 SF
Days on Market88
Property Features for 4419 NW 17th Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
6101
Bedrooms
4
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4
Parking
1
Window features
Blinds
Patio and Porch features
Patio
Exterior features
Fence, Patio
Fencing
Fenced
Subdivision
NORTH MIAMI ESTATES
Lot features
< 1/4 Acre
Directions
17 AVENUE BETWEEN 44 ST & & 45 ST
Special listing conditions
In Foreclosure, Real Estate Owned
Standard status
Pending
APN
01-31-23-037-0420
Size
1,652 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
NORTH MIAMI ESTATES PB 5-48 S50FT OF LOTS 5 & 6 LESS W10FT OF S50FT LOT 6 BLK 9 LOT SIZE 50.000 X 90 OR 19694-2888 0501 1 COC 24831-4373 08
Tax Annual Amount
4832
Legal Description
NORTH MIAMI ESTATES PB 5-48 S50FT OF LOTS 5 & 6 LESS W10FT OF S50FT LOT 6 BLK 9 LOT SIZE 50.000 X 90 OR 19694-2888 0501 1 COC 24831-4373 08
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s), Zoned, Central Air, Electric
Water source
Public
Building Details
Year built
1938
Floors in Building
1
Flooring type
Tile
Building materials
Block, Frame, Stucco
Roof type
Flat, Shingle
Listing Agency:
Carmona Realty Group, LLC.
(305) 271-1810
Listed By:
Antonio Gutierrez · License #3028949
(305) 215-4501
Added: Jul 18
Changed: Oct 10
Last Checked: Oct 13 at 6:06AM
MLS# A11980250
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 1,652-square-foot triplex, built in 1938, contains three occupied units: one two-bedroom, one-bath residence and two one-bedroom, one-bath residences. The property includes tile flooring, a fenced outdoor area with patio, block, frame, and stucco construction, and public water and sewer service. The roof and central air-conditioning unit serving the main house were installed within the last 2 years.
The property is located at 4419 NW 17th Ave in Miami, near the expressway, the airport, and Wynwood. It carries the T5-O zoning designation. Current lease arrangements include one 1-year lease and month-to-month occupancy, providing a mix of term structures across the fully occupied property.
The property is located at 4419 NW 17th Ave in Miami, near the expressway, the airport, and Wynwood. It carries the T5-O zoning designation. Current lease arrangements include one 1-year lease and month-to-month occupancy, providing a mix of term structures across the fully occupied property.
Key Highlights
- Three occupied units with one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
- 1,652 square feet on a property built in 1938
- Roof and main‑house central air‑conditioning unit installed within the last 2 years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,132
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,640
$662.6K
Cap Rate 7%
$473,314
$473.3K
Cap Rate 9%
$368,133
$368.1K
Market Conditions
NOI Build-Up for 1,652 SF
Gross rent
$50.6K $30.60/SF
− Vacancy
−$3.2K −$1.95/SF
EGI
$47.3K $28.65/SF
− OpEx
−$14.2K −$8.60/SF
NOI
$33.1K $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%
$662,640
Cap Rate 7%
$473,314
Cap Rate 9%
$368,133
Alternative Uses
Best Use
Multifamily LT 5
$473.3K
$414.2K – $552.2K
NOI $33,132 @ 7.0% cap · market cap 8.28%
Second Best
Apartment 5plus
$436.0K
$381.5K – $508.6K
NOI $30,518 @ 7.0% cap · market cap 7.63%
Theoretical Best
Specialty Retail
$1.12M
$975.7K – $1.30M
NOI $78,058 @ 7.0% cap · market cap 19.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,177
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?
Triplex - Three occupied units include one two-bedroom residence and two one-bedroom residences, with central air serving the main house.
Where is this triplex located?
The property is located at 4419 NW 17th Ave Miami, FL.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Three occupied units with one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units; 1,652 square feet on a property built in 1938; Roof and main‑house central air‑conditioning unit installed within the last 2 years
