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1630

$4,100,000

1630 NW 18th St, Miami, FL 33125

Active
Last Updated: 03/29/2025

230,410

NOI

7,692 sqft

Building Size

Details:
NOI:    $230,410
Building Size:    7,692 sqft
Units:    12
Year Built:    1969
Floors:    2
Highlights:
  • Lot Features: Central Business District, City Location, Near Airport, Near Seaport
  • Building Features: Airport Access, Dryer(S) Leased, Exterior Lighting, Inside Corridors, Landscaped, Laundry Facilities, Rear Access, Trash Chute, Washer(S) Leased
  • Gross Income: 330970
  • Number Of Buildings: 1
  • Documents Available: Deed, Copy Of Lease(S), Photos, Rent Rolls, Existing Survey
  • Cooling: Central Individual A/C
  • Heating: Central Individual A/C
  • Electric: Separate Meters
  • Flooring: Tile, Vinyl
  • Construction Materials: CBS Construction
  • Parking Features: Assigned, No Truck/Trailer, Other
  • Security Features: Other Fire Protection, Smoke Alarm, Security Fence, Security System
  • Insurance Expense: 11500
Description:

Turnkey 12-unit multifamily investment with a strong 6% CAP rate in the heart of Miami! Fully renovated with 8 spacious 2BD/1BA units and 4 large 2BD + den/1BA units. Upgrades include new roof, impact windows, plumbing, electrical, A/C units, modern kitchens with new appliances, stylish flooring, and fresh paint. The property offers 16 parking spaces, a new laundry facility, mechanical room, and is fully gated with a monitored security system. Located near Jackson Memorial, Miami Int’l Airport, and major highways. Ideal for stable rental income.

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