625 SW 18th Ave

Miami, FL 33135
$1,100,000
Excellent investment and redevelopment opportunity in a prime location on a desirable corner lot. Property consists of 5 legal units is currently being used as 6 units Property being sold strictly AS-IS with existing violations and liens. Currently zoned T4-R with a pending rezoning application to T5-0Read MoreRead Less
Courtesy of Ileana Larrubia, BHHS EWM Realty, 305-960-2400.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multi Family
Lot Size
0.16 Acres
Year Built
1937
MLS Number
A12085564
30 Days Snapshot Of 33135
$703k
+8%
(avg) sold price
7
-36%
homes sold
64
-14%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: State Road
Building
Construction Materials: CBS Construction, Stories: 2, Year Built: 1937, Year Built Details: Resale, Building Area Total: 3307, Building Features: Automobile Traffic, City Licenses, County Licenses, Exterior Lighting, Natural Gas, Outside Storage, Pedestrian Traffic, Building Name: 625 SW 18 Avenue, Structure Type: Free Standing
Community
Units In Community: 5
Cooling
Cooling: Wall/Window Unit(s)
Fence
Fencing: Fenced
Floors
Flooring: Tile, Vinyl
Water Features
Water Source: Public
Income
Gross Scheduled Income: $87,800, Net Operating Income: $56,996
Lot
Acres: 0.17, Square Feet: 7127, Features: Corner Unit, In Residential Area
Miscellaneous
Inclusions: Building & Land, Leases, Equipment
Parking
Parking Total: 5
Property
Current Use: Income Waterfront, Leasable Area Units: Square Feet, Waterfront
Roof
Roof: Built-Up
Security Features
Features: Smoke Alarm, Security Fence
Sewer
Sewer: Public Sanitation
Taxes
Parcel Number: 01-41-03-026-0170, Tax Annual Amount: $13,755, Tax Legal Description: 3 54 41 LAWNVIEW PB 5-164 LOTS 27 & 28 LESS R/W THEREOF BLK 1 LOT SIZE 7127 SQ FT OR 11232-423 0981 4, Tax Year: 2025
Tenant Pays
Tenant Pays: Electricity
Utilities
Electric On Property YN: t, Electric: 110 Volts Power, Separate Meters
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Antonio Correa
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