Duplex Residential Income
1888 NW 18th St Miami, FL 33125
New
For Sale
$480,000
MULTI_FAMILY - Miami, FL
Property Size1,366 SF
Price / SF$351.39
Days on Market3
Property Features for 1888 NW 18th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1
- Standard status
- Active
- APN
- 01-31-34-014-0630
- Size
- 1,366 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- OCOEE PARK PB 2-100 LOT 11 BLK 5 LOT SIZE 53.000 X 129 COC 24067-4745 12 2005 5
- Tax Annual Amount
- 7467
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1925
- Floors in Building
- 1
- Building materials
- Block
Listing Agency:
Realty World Executive Homes
(305) 251-4044
Listed By:
Elsy Amaya · License #3400818
(786) 454-5309
Added: Jul 22
Changed: Jul 23
Last Checked: Jul 24 at 3:06AM
MLS# A12058142
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a duplex offered for sale as a residential income asset. The listing identifies the building as a duplex, with a total property size of 1,366 square feet.
The duplex is located at 1888 NW 18th St in Miami, Florida 33125, within Miami-Dade County.
Additional details about unit layout, condition, or any building-specific improvements are not provided in the available information.
The duplex is located at 1888 NW 18th St in Miami, Florida 33125, within Miami-Dade County.
Additional details about unit layout, condition, or any building-specific improvements are not provided in the available information.
Key Highlights
- Duplex for sale
- Built in 1925
- Construction materials: block
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.8k | $30.60 |
| − Vacancy | −$2.7k | −$1.95 |
| EGI | $39.1k | $28.65 |
| − OpEx | −$11.7k | −$8.60 |
| NOI | $27.4k | $20.06 |
1,366 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$391.4K
$342.5K – $456.6K
NOI $27,396 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$360.5K
$315.4K – $420.6K
NOI $25,235 @ 7.0% cap · market cap 5.26%
Theoretical Best
Specialty Retail
$922.1K
$806.8K – $1.08M
NOI $64,544 @ 7.0% cap · market cap 13.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex available for sale in Miami, FL, featuring two residential units within a residential income property.
Where is this duplex located?
The property is located at 1888 NW 18th St Miami, FL.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Duplex for sale; Built in 1925; Construction materials: block
