625 SW 18th Ave, Miami, FL 33135
625 SW 18th Ave, Miami, FL 33135
625 SW 18th Ave, Miami, FL 33135
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$1,100,000
Est. payment /mo
3,307 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,307 sqft

Price per Sqft $332

MLS Listing ID A12085564

HOA Y/N No

Year Built 1937

Annual Tax Amount $13,755

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Multi Family

Property Description

Excellent investment and redevelopment opportunity in a prime location on a desirable corner lot in Little Havana. Property consists of 5 legal units currently being used as 6 units. A 1937 2 story duplex (2/1 & 2/2) and a 1954 triplex (3 -1/1 units). Fully occupied month-to-month rentals offer maximum flexibility. This allows a buyer to generate interim income to offset carrying costs while deciding whether to move forward with approved plans to cure violations, and execute a remodel or advance new redevelopment plans through the entitlement phase. Property being sold Cash strictly AS-IS with existing violations and liens. Currently zoned T4-R with a pending rezoning application to T5-0 under Miami 21, offering significant potential for future redevelopment. Architectural plans are included with sale. Buyer must conduct all due diligence and independently verify existing and proposed uses, unit count, zoning development rights, code compliance, violations, liens and the status and requirements of the pending rezoning application. Seller and Broker make no representation or guarantee that the requested T5-O rezoning will be approved. Approved plans and financials available.

Location

State FL

County Miami-dade

Area 41

Zoning 3900

Direction On the corner of SW 7 Street and 18 Avenue.

Interior

Cooling Wall/Window Unit(s)

Flooring Tile, Vinyl

Exterior

Roof Type Built-Up

Total Parking Spaces 5

Private Pool Yes

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type CBSConcreteBlockStructure,Block

Others

Tax ID 01-41-03-026-0170

Ownership Self Proprietor/Individual

Security Features Fenced,Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12085564


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by BHHS EWM Realty

NEARBY SCHOOL & BUSINESS

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William Gartin

William Gartin

+1(305) 842-6097

Agent License ID: 3422133

Agent License ID: 3422133

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