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Duplex with Central Air
New
For Sale
$700,000

2185 NW 18th St, Miami, FL 33125

Residential Income, Miami, FL

Property Size2,168 SF
Price / SF$322.88
Days on Market5

Property Features for 2185 NW 18th St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 5700
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 2, Bathroom 3, Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 6, Bedroom 1
Parking 5
Subdivision OCOEE PARK
Lot features Flood Zone, < 1/4 Acre
Standard status Active
APN 01-31-34-014-0200
Size 2,168 SF

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Description OCOEE PARK PB 2-100 LOT 15 BLK 2 LOT SIZE 50.000 X 141 OR 17528-1408 1296 1
Tax Annual Amount 5153
Legal Description OCOEE PARK PB 2-100 LOT 15 BLK 2 LOT SIZE 50.000 X 141 OR 17528-1408 1296 1

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air

Building Details

Year built 1956
Floors in Building 1
Flooring type Tile - Ceramic
Building materials Block
Roof type Shingle
Listing Agency: Realty One Group Royal Oaks
Listed By: Maria Marquez · License #3208370
Added: Nov 2 Last Checked: Nov 6 at 11:06AM
MLS# A12116690

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,168-square-foot duplex was built in 1956 and has block construction, a shingle roof, and ceramic tile flooring. The property is equipped with central air conditioning and electric heat. Both units are currently rented.

Public sewer serves the property, and cable service is available.

Key Highlights

  • 2,168 square feet across the duplex
  • Both units are currently rented
  • Central air conditioning and electric heat

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,480
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,600 $869.6K
Cap Rate 7%
$621,143 $621.1K
Cap Rate 9%
$483,111 $483.1K
Market Conditions
NOI Build-Up for 2,168 SF
Gross rent
$66.3K $30.60/SF
− Vacancy
−$4.2K −$1.95/SF
EGI
$62.1K $28.65/SF
− OpEx
−$18.6K −$8.60/SF
NOI
$43.5K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,600
Cap Rate 7%
$621,143
Cap Rate 9%
$483,111

Alternative Uses

Best Use
Multifamily LT 5
$621.1K
$543.5K – $724.7K (±1% cap)
NOI $43,480 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$572.1K
$500.6K – $667.5K (±1% cap)
NOI $40,050 @ 7.0% cap · market cap 5.72%
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.71M (±1% cap)
NOI $102,439 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,124
Businesses Nearby

Demographics for 33125, FL

53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Miami, FL

$484 Jul
$479 Aug
$469 Sep
$471 Oct

Properties on Market for Duplexes in Miami

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are currently leased, providing an occupied two-unit configuration.
Where is this duplex located?
The property is located at 2185 NW 18th St Miami, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 2,168 square feet across the duplex; Both units are currently rented; Central air conditioning and electric heat
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Includes: Price & PSF · Cap rate · Location · Zoning

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