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Multifamily Sale in Alapattah, Miami at 1821 NW 33rd St for $490,000
Successful Sale of 1821 NW 33rd st
In a bustling real estate market, the successful sale of a multifamily building at 1821 NW 33rd St, Alapattah, Miami stands as a testament to strategic brokering and in-depth market knowledge.
Sale Overview
This transaction was concluded with precision and expertise, underscoring my role as a commercial real estate broker.
Sale Price: $490,000
Address: 1821 NW 33rd St, Miami, FL 33142
Asset Class: Multifamily
Price per Square Foot: $191.86
Building Specifications
The property is a sturdy structure with distinct features that enhance its appeal:
Year Built: 1966
Stories: 2
Lot Size: 0.31 acres
Building Size: 19,567 sq. ft.
Zoning: T6-8 O - Urban Core Transect Zone
Location Benefits
Nestled in the vibrant neighborhood of Alapattah, the property benefits from a thriving community atmosphere and convenient connections:
Community Appeal: Known for its eclectic mix of culture and commerce, Alapattah is a neighborhood on the rise.
Attractions: Close proximity to popular spots like the Allapattah Market and Wynwood Walls.
Transportation: Well-served by the Miami Metrorail and major roadways, ensuring easy access to the greater Miami area.
Nearby Subway/Train Lines: Miami Metrorail
Convenience and Connectivity: Situated near NW 33rd Street and key intersections, enhancing accessibility.
Sale Details
Full Price: $490,000
Price per SF/BSF: $191.86
Buyer: Nptre1 Llc
Seller: Silva Jesus
Market Analysis
The local real estate market in Alapattah is characterized by an upward trajectory, with increasing demand for multifamily properties. This sale is emblematic of a trend where investors are keenly eyeing locations that promise growth and return on investment. The property at 1821 NW 33rd St aligns with these market dynamics, offering potential for increased value over time.
Conclusion
The sale of 1821 NW 33rd St highlights the property's unique selling points and strategic location. This transaction underscores the proficiency required to navigate the complexities of the Miami real estate market. Our team's expertise was pivotal in orchestrating this successful sale, further cementing our reputation as leading brokers in the region.
For inquiries or further information, please contact our office.
Christian Peter
Founder of Dark Horse Commercial Real Estate, a Miami-based firm specializing in income-generating commercial properties.
With 20+ years in the business, he’s helped clients buy, sell, and invest across Industrial, Multi-Family, Retail, and Office assets.
Assistance Hours
Mon – Fri 9:00am – 5:00pm
Phone Number:
(305) 987-3053
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Mon – Fri 9:00am – 4:00pm
Phone Number:
(305) 987-3053
