16108 18 Pl North Miami Beach, FL 33162
This charming 2-unit apartment building, built in 1946, is situated on 16108 NE 18th Pl, North Miami Beach, FL 33162, in Miami-Dade County. Offered at $520,000, this single-story property presents a compelling investment opportunity. One unit has undergone a complete renovation, offering immediate rental income potential. The property boasts a generous outdoor space, perfect for expansion or simply enjoying the Florida climate. Its location within the vibrant North Miami Beach community provides easy access to beautiful beaches and major transportation routes. This property is being sold "as is," reflecting its potential for further enhancement and value appreciation. The property's location in a growing market makes it an attractive prospect for investors seeking strong returns. A building sketch is available upon request. This is a fantastic chance to acquire a well-located, partially renovated multi-family property in a desirable area. Don't miss this chance to capitalize on the North Miami Beach real estate market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.