1821 33rd Street, Miami, FL 33142

$1,074,000 — Active

Property Features

Map Map It    Virtual Tour

Four-unit multifamily investment opportunity in Miami’s Allapattah neighborhood with established in-place income and long-term upside.The property consists of four 1-bedroom / 1-bath units generating $89,940 in annualized rental income, with an in-place NOI of $58,385 and a 5.4% cap rate at the current asking price. Features include separate electric meters, shared on-site laundry, on-site parking, a 2020 roof, 2021 stucco improvements, and completed 2025 recertification. The 8,632 SF lot provides a functional property layout with convenient access to Wynwood, Miami International Airport, Downtown Miami, Brickell, South Beach, and major transportation corridors.A strong opportunity for investors seeking current income with additional operational upside. Seller is seeking a traditional sale with full proceeds at closing. Seller financing will not be considered. Short-term rental income is subject to applicable local regulations.

▼ Price Reduced — originally listed at $1,299,000

Property Details

  • Listing ID: A11944416
  • Status: Active
  • Listing Date: 2026-01-12
  • Property Type: Quadruplex
  • Subdivision: HOLLEMAN MANOR ADDN
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 3,042
  • Year Built: 1925

Financial

  • List Price: $1,074,000
  • Original List Price: $1,299,000
  • HOA Fee: None
  • Taxes: $11,991/yr

Features & Amenities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Separate Meters
  • Flooring: Ceramic Tile
  • Construction: Block
  • Roof: Shingle

Courtesy of All Hud Realty and Management,
Contact Starfish Real Estate to schedule an appointment or call .

RAPB

© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.