225 SW 18Th Ave Miami, FL 33135
8-unit multifamily property with redevelopment potential and reliable cash flow.
Lot size:
0.22 AcresProperty Features for 225 SW 18Th Ave
General Information
- Lot size
- 0.22 Acres
Building Details
- Year built
- 1971
Source:
Elliman
Listing Agent: Melva Garcia
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multifamily Investment Near LoanDepot Park
This 8-unit multifamily property is located near LoanDepot Park. The building features six 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Impact windows are installed throughout the property. Each unit has separate meters. The property includes 4 balconies and 8 parking spaces. The 40-year recertification was completed in 2022. Zoned T5-R, the property allows for future redevelopment or expansion, as well as short-term rentals. The property is currently an income-producing property with stable tenants, many of whom are Section 8 approved. The location is near Little Havana, Downtown Miami, Brickell, Coral Gables, Miami Beach, Miami International Airport, and major highways. Supermarkets, restaurants, and public transit are located nearby. The property is positioned as a recession-resilient investment in a high-growth rental market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.224401
- Latitude
- 25.770125
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FAQs
What type of property is this?
Apartment building - 8-unit multifamily property with redevelopment potential and reliable cash flow.
Where is this apartment building located?
The property is located at 225 SW 18Th Ave Miami, FL.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: - Prime income-producing 8-unit multifamily property with stable, Section 8 approved tenants ensuring reliable cash flow.; - Zoned T5-R, allowing for future redevelopment, expansion, or short-term rentals.; - Excellent location near LoanDepot Park, Little Havana, Downtown Miami, Brickell, Coral Gables, Miami Beach, MIA, and major highways.