1821 NW 33rd Street












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.
Selling a home in Miami? List it on the same MLS for a flat fee instead of a listing commission. Start your listing.
Listed by All Hud Realty and Management, · 239-703-0474
Listing data comes from the participating MLS and is provided for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties shown may be listed by brokerages other than Pure Equity Realty LLC, and are marked with the listing office’s name. Information is deemed reliable but is not guaranteed accurate by the MLS or by Pure Equity Realty LLC, and should be independently verified. Data last updated September 17, 2026.