REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

William Gartin

william.gartin@exprealty.com +1(305) 842-6097

$1,650,000

Est. payment - /mo

4,138 SqFt

Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,138 sqft

Price per Sqft $398

Subdivision Marldale Sub

MLS Listing ID A12011729

Style Fourplex

HOA Y/N No

Year Built 1979

Annual Tax Amount $13,600

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

Rare opportunity to acquire a high-performing, income-generating 4-plex in the heart of Miami's booming Allapattah neighborhood. Strategically located just blocks from the Miami Health District (Jackson Memorial/UM), this property is a turnkey "bunker" delivering a massive $12,650 in monthly gross income ($150k/year). The building features two large 3-bedroom/2-bathroom units and two spacious 2-bedroom/1-bathroom units of solid 1979 CBS construction on a generous 7,072-square-foot lot. What truly sets this asset apart is the unrivaled on-site parking: 12 dedicated spots provide a 3:1 ratio that is virtually non-existent for any multifamily property in the City of Miami, offering a significant competitive edge for tenant retention and future rent appreciation. With T4-R (Urban Centre Zone - Transition) zoning, the property offers long-term development density upside in a supply-constrained district fueled by the Health District workforce and the expanding Wynwood/Edgewater corridor. Whether you are looking for a stable 1031 exchange vehicle or a strategic land-bank with high-yield immediate returns, this Allapattah gem hits every mark. Do not disturb tenants.

Location

State FL

County Miami-dade

Community Marldale Sub

Area 31

Interior

Heating Central

Cooling Central Air

Flooring Terrazzo, Tile

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Concrete

Total Parking Spaces 12

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Others

Tax ID 01-31-34-012-0010

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12011729

Read Less Info

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Fausto Commercial Realty Consultants Inc

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

William Gartin

+1(305) 842-6097

Agent | License ID: 3422133

Agent License ID: 3422133

1800 NW 19th Ter Miami, FL 33125

William Gartin

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION