163 NW 18th Ct, Miami, FL 33125 — MLS photo

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163 NW 18th Ct, Miami, FL 33125

Active · Duplex

$675,000

163 NW 18th Ct, Miami, FL 33125

Beds
—
Baths
0
Living area
2,561 sq ft
$ / sq ft
$264/sq ft
Year built
1953
Lot size
—
HOA fee
—
Annual tax
$12,446

About this property

Price is firm! Below appraised value. A few blocks from Marlins Stadium. Prime investment opportunity. Perfect property for the investor looking for a growing area or Owner-Occupants looking for rental income. Multifamily property Zoned Multifamily (2–9 Units) consists of 3 units total, each with private entrance. 2 bd/1 bth, 3 bd/1 bth and 1 bd/1bth. Ideal opportunity to renovate. Rented month-to-month. Located in one of Miami’s most dynamic neighborhoods, excellent access to major highways. Minutes to Brickell, Downtown, Coral Gables, Miami Beach, Wynwood and Coconut Grove. Close to public transportation.

Property location

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163 NW 18th Ct, Miami, FL 33125

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Facts & features

Interior

Bathrooms
0
Living area
2,561 sq ft
Flooring
Tile
Cooling
Electric, Wall Window Units
Heating
Electric, Wall Furnace

Exterior & Structure

Property type
Duplex
Year built
1953
Roof
Shingle
Construction
Block
Exterior features
Fence
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$12,446
Subdivision
HILLCREST
County
Miami-Dade
Days on market
303
MLS listing ID
A11850559
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$1,189

Cap rate
7.8%
Net yield
7.8%
Cash-on-cash return
7.5%
Gross yield
11.5%
Mortgage payment
$3,200/mo
Down payment
$168,750
Loan amount
$506,250
Annual NOI
$52,662

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.