Log In/Sign Up
Your email has been sent.
1237 NW 33rd Ave
Miami, FL 33125
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Income-Producing Multifamily (Configured as 3 Units) with Rental Upside
- Rare 4.75% FHA Assumable Loan (Owner-Occupant Opportunity)
- Centrally Located Near Downtown, Brickell & Major Highways
- Current Rents: $2,100 + $2,100 + $1,500 ($5,700 Rent)
- Roof Replaced in 2025 – Reduced Capital Expenditure
- Value-Add Opportunity with Flexible Layout & Seller Open to Offers
Executive Summary
1237 NW 33rd Ave, Miami, FL 33125 | Income-Producing Multifamily Opportunity
Exceptional opportunity to acquire a cash-flowing multifamily asset in the heart of Miami, located in a rapidly evolving and high-demand rental corridor just minutes from Little Havana, Downtown Miami, and major employment hubs. This property offers a unique combination of immediate income, flexible use, and long-term appreciation potential.
The property is legally configured as a duplex but is currently operating as a triplex-style income property, maximizing rental performance. It features three income-producing units, each with 2 bedrooms and 1 bathroom, offering strong appeal to the local rental market.
Currently, two units are rented month-to-month at $2,100 each, while the third unit is rented at $1,500/month, offering potential upside to increase rents toward market levels (estimated up to ~$2,800/month) and stabilize the asset at higher income performance.
Investment & Financing Advantage:
A rare highlight of this property is the existing 4.75% FHA assumable mortgage, offering a significant advantage for owner-occupants purchasing with FHA financing, allowing them to secure a below-market interest rate—an increasingly valuable opportunity in today’s rate environment.
Property Features & Condition:
Functioning as a 3-unit income-producing property
Strong rental history with upside potential
Roof replaced in 2025
Flexible layout allowing for owner-occupant or full investment use
One unit currently vacant for immediate repositioning or occupancy
Location & Market Growth:
Strategically located in central Miami, the property benefits from proximity to:
Downtown Miami & Brickell (15 minutes)
Miami International Airport (10–12 minutes)
Little Havana (minutes away)
Major highways including SR-836 and I-95
This area continues to experience strong population growth, rental demand, and redevelopment activity, making it attractive for both long-term holds and value-add strategies.
This is a high-potential investment opportunity offering current income, rental upside, and a rare assumable low-interest loan option, all within a centrally located Miami submarket. Ideal for investors seeking cash flow with repositioning potential or owner-occupants looking to offset their mortgage with rental income.
Exceptional opportunity to acquire a cash-flowing multifamily asset in the heart of Miami, located in a rapidly evolving and high-demand rental corridor just minutes from Little Havana, Downtown Miami, and major employment hubs. This property offers a unique combination of immediate income, flexible use, and long-term appreciation potential.
The property is legally configured as a duplex but is currently operating as a triplex-style income property, maximizing rental performance. It features three income-producing units, each with 2 bedrooms and 1 bathroom, offering strong appeal to the local rental market.
Currently, two units are rented month-to-month at $2,100 each, while the third unit is rented at $1,500/month, offering potential upside to increase rents toward market levels (estimated up to ~$2,800/month) and stabilize the asset at higher income performance.
Investment & Financing Advantage:
A rare highlight of this property is the existing 4.75% FHA assumable mortgage, offering a significant advantage for owner-occupants purchasing with FHA financing, allowing them to secure a below-market interest rate—an increasingly valuable opportunity in today’s rate environment.
Property Features & Condition:
Functioning as a 3-unit income-producing property
Strong rental history with upside potential
Roof replaced in 2025
Flexible layout allowing for owner-occupant or full investment use
One unit currently vacant for immediate repositioning or occupancy
Location & Market Growth:
Strategically located in central Miami, the property benefits from proximity to:
Downtown Miami & Brickell (15 minutes)
Miami International Airport (10–12 minutes)
Little Havana (minutes away)
Major highways including SR-836 and I-95
This area continues to experience strong population growth, rental demand, and redevelopment activity, making it attractive for both long-term holds and value-add strategies.
This is a high-potential investment opportunity offering current income, rental upside, and a rare assumable low-interest loan option, all within a centrally located Miami submarket. Ideal for investors seeking cash flow with repositioning potential or owner-occupants looking to offset their mortgage with rental income.
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Kitchen
- Refrigerator
- Range
- Freezer
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $2,923 CAD | - |
| 2+1 | 1 | $2,088 CAD | - |
Property Taxes
| Parcel Number | 01-3133-031-0551 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $794,164 CAD |
Property Taxes
Parcel Number
01-3133-031-0551
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$794,164 CAD
1 of 31
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
