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225 18th Avenue
  • MLS#: B26019763 ( Residential Income )
  • Street Address: 225 18th Avenue
  • Viewed: 6
  • Price: $2,450,000
  • Price sqft: $409
  • Waterfront: No
  • Year Built: 1971
  • Bldg sqft: 5994
  • Days On Market: 3
  • Additional Information
  • Geolocation: 26 / -80
  • County: Miami Dade
  • City: Miami
  • Zipcode: 33135
  • Subdivision: Idlewild Park
  • Elementary School: Shenandoah
  • Middle School: Shenandoah
  • High School: Miami
  • Provided by: The Keyes Company
  • DMCA Notice
  • Description
    Prime 8 unit multifamily investment near LoanDepot Park. Features six 2BR/1BA and two 1BR/1BA units with impact windows, one water meter and individual electrical meters, 4 balconies, and 8 parking spaces. 40 year recertification completed in 2022. Zoned T5 R, allowing redevelopment, expansion, or short term rentals. Stable income producing property ensuring reliable cash flow. Centrally located near Miami's vibrant lifestyle, medical services, restaurants, shopping, and major highways. Walking distance to supermarkets, dining, and public transit. Strong, recession resilient asset in a high demand rental market. Do not disturb tenants. Cap Rate: 6.54%.
Features
Possible Terms
  1. Cash
  2. Conventional
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Electric
Exterior Features
  1. Balcony
  2. None
Fencing
  1. Fenced
Flooring
  1. Terrazzo
Heating
  1. Separate Meters
  2. Electric
High School
  1. Miami
Legal Description
  1. 3 54 41 IDLEWILD PARK PB 2-87 LOT 2 BLK 34 LOT SIZE 9750 SQUARE FEET OR 18548-2382 02 1999 1
Middle School
  1. Shenandoah
Parcel Number
  1. 0141030141250
Pets Allowed
  1. Yes
  2. Pet Restrictions Possible
Property Type
  1. Residential Income
Roof
  1. Shingle
School Elementary
  1. Shenandoah
Sewer
  1. Public Sewer
Tax Year
  1. 2025
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Sewer
  4. Water
Utilities
  1. Cable Available
  2. Other
Virtual Tour Url
  1. https://www.propertypanorama.com/225-SW-18th-Avenue-Miami-FL-33135/unbranded
Water Source
  1. Public
Year Built
  1. 1971
Zoning Code
  1. T5-R 4600