1237 NW 33rd Ave
Miami, FL 33125
Immeuble residentiel Propriété À vendre · 3 Unités

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.