225 SW 18th Ave, Miami, FL 33135 — MLS photo

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225 SW 18th Ave, Miami, FL 33135

Active · MultiFamily

$2,450,000

225 SW 18th Ave, Miami, FL 33135

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1971
Lot size
9,750 sq ft
HOA fee
—
Annual tax
—

About this property

In the heart of Little Havana lies this exceptional 8 unit multifamily income producing property that also has T5-R zoning allowing for AirBnB licensure and short- term rental. It’s stabilized with great rents. Eight units are spacious 2-bedroom 1 bath units, with flat roof, central A/C, individual water meters and electric reducing operating expenses, impact windows and PVC plumbing: making this a turnkey investment. The location offers accessibility and connectivity to Brickell, Downtown, the Health District, 836 HWY to Miami Beach and with this comes fine dining, chic shops, sidewalk cafes and picturesque parks, all are a brisk walk or drive away for residents who will be immersed in the vibrant culture of the area. Loan Depot Park is nearby, and a few blocks away is Publix supermarket another amenity for an urban experience. Havana has been home to tycoons, adventurers, artists, writers, and investors have taken notice that this is the heart of the city. The housing demand is very high driving rents up, take advantage of this inflation proof investment and contact us immediately.

Property location

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225 SW 18th Ave, Miami, FL 33135

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
MultiFamily
Year built
1971
Lot size
9,750 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A12015058
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

-$4,795

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$11,614/mo
Down payment
$612,500
Loan amount
$1,837,500
Annual NOI
$81,830

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