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    225 SW 18Th Ave Miami, FL 33135

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    For Sale
    $2,450,000

    8-unit multifamily property with redevelopment potential and reliable cash flow.

    Lot size:
    0.22 Acres

    Property Features for 225 SW 18Th Ave

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1971

    Source: Compass Florida, LLC 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.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    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.
    (305) 491-4437
    Request Owner's contact information
    225 SW 18Th Ave Miami, FL 33135
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    Miami, FL 33135
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    225 SW 18Th Ave Miami, FL 33135
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