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225 SW 18th Ave
Miami, FL 33135
Multifamily Property For Sale
·
8 Units
Investment Highlights
- The location offers accessibility and connectivity to Brickell, Downtown, the Health District, 836 HWY to Miami Beach
- Loan Depot Park is nearby, and a few blocks away is Publix supermarket another amenity for an urban experience
- Nearby fine dining, chic shops, sidewalk cafes and picturesque parks, all are a brisk walk or drive away for residents immersed in the vibrant culture
Executive Summary
Prime 8-unit multifamily investment near Loan Depot 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%.
Property Facts
| Price Per Unit | $425,770 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 6.54% | Building Size | 4,996 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment | Parking Ratio | 1.6/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | T5-R, Dade - Multifamily Medium-Density Residential | ||
| Price Per Unit | $425,770 CAD |
| Sale Type | Investment |
| Cap Rate | 6.54% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 4,996 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | T5-R, Dade - Multifamily Medium-Density Residential |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 736 |
| 2+1 | 6 | - | 1,055 |
Property Taxes
| Parcel Number | 01-4103-014-1250 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,327,700 CAD |
Property Taxes
Parcel Number
01-4103-014-1250
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,327,700 CAD
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