1630 NW 18th St, Miami FL 33125 | Miami-Dade County | A11738589

$3,890,000

Description

Fully rented and updated 12 units Multifamily Investment 6.3% CAP RATE.This multifamily offers 8 spacious 2-bedroom/1-bath units and 4 large 2-bedroom + den/1-bath units, all meticulously upgraded with 16 parking spaces Brand new roof, high-impact windows, new electrical and plumbing, modern kitchens with new appliances,brand new A/C units, stylish flooring and fresh paint throughout ensure a hassle-free investment. Additional features include a new laundry facility, mechanical room, and a fully gated property with a monitored security camera system.Centrally located near Jackson Memorial, Miami International Airport, and major highways, this property is ideal for stable rental income.A true peace-of-mind investment with a strong 6.3% CAP rate!Don’t miss out—easy to show and won’t last!

Address

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Address: 18th St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33125
Area: BRADDOCK SUB NO 4

Details

Updated on August 4, 2025 at 11:20 pm

Property ID A11738589
Price $3,890,000
Property Size 7692 Square Feet
Year Built 1969
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Other
BuildingAreaSource Owner
BuildingAreaTotal 7692
BuildingAreaUnits Square Feet
BuildingFeatures Laundry Facility
BuildingName BRADDOCK SUB NO 4
ConstructionMaterials Concrete Block Construction,CBS Construction
ContractStatusChangeDate 2025-02-04
Cooling Electric
DaysOnMarket 181
Directions USE GPS
DocumentsAvailable Equipment Lists,Financial Statement,Inventory,Copy Of Lease(S),Rent Rolls
Fencing Fenced
Flooring Concrete,Vinyl
GreenEnergyEfficient Appliances
Heating Electric
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-925-5170
ListAgentEmail amzr2011@gmail.com
ListAgentFullName Andreina Zambrano
ListAgentKey dc2e06130c09edbca5cb618df955b801
ListAgentMlsId 3155982
ListAgentOfficePhone 305-666-0562
ListAgentStateLicense 3155982
ListOfficeFax 305-666-4187
ListOfficeKey b66e8644e64b048d4c90cd786bde65d8
ListOfficeMlsId OSIR27
ListOfficeName One Sotheby's International Realty
ListOfficePhone 305-666-0562
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-02-04
ListingKey b499d46f5fdf4cf43d1c6aabe11218b6
ListingTerms Assumable,Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Braddock Sub No 4
MajorChangeTimestamp August 4, 2025 at 07:56pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp August 4, 2025 at 07:56pm
NetOperatingIncome 245360
NumberOfUnitsInCommunity 2
NumberOfUnitsTotal 12
OnMarketDate 2025-02-04
OperatingExpense 77897
OriginalEntryTimestamp February 4, 2025 at 10:29pm
OriginalListPrice 4200000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-35-005-2350
ParkingTotal 16
PatioAndPorchFeatures Open Porch
PhotosChangeTimestamp February 4, 2025 at 10:45pm
PhotosCount 18
Possession Funding
PostalCodePlus4 5714
PreviousListPrice 3990000
PriceChangeTimestamp August 4, 2025 at 07:56pm
PropertyCondition Completely Renovated,New Construction,Substantially Remodeled
PublicSurveyRange 31
PublicSurveySection 35
PublicSurveyTownship 31
RentIncludes Sewer,Trash Collection,Water
Roof Concrete
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent,Courtesy Key,Showing Assist
SourceSystemKey 406696623
StateOrProvince FL
StatusChangeTimestamp February 4, 2025 at 10:29pm
Stories 2
StoriesTotal 2
StreetDirPrefix NW
StreetName 18th St
StreetNumber 1630
StreetNumberNumeric 1630
StructureType Quadruplex,Fourplex
SyndicationRemarks Fully rented and updated 12 units Multifamily Investment 6.3% CAP RATE.This multifamily offers 8 spacious 2-bedroom/1-bath units and 4 large 2-bedroom + den/1-bath units, all meticulously upgraded with 16 parking spaces Brand new roof, high-impact windows, new electrical and plumbing, modern kitchens with new appliances,brand new A/C units, stylish flooring and fresh paint throughout ensure a hassle-free investment. Additional features include a new laundry facility, mechanical room, and a fully gated property with a monitored security camera system.Centrally located near Jackson Memorial, Miami International Airport, and major highways, this property is ideal for stable rental income.A true peace-of-mind investment with a strong 6.3% CAP rate!Don’t miss out—easy to show and won’t last!
TaxAnnualAmount 31540
TaxLegalDescription BRADDOCKS SUB NO 4 PB 3-61 LOTS 18 THRU 21 BLK 9 & N1/2 OF ALLEY LYG S & ADJ CLOSED ORD 13492 LOT SIZE 13507 SQ FT M/L
TaxYear 2024
WaterSource Municipal Water
WindowFeatures Complete Impact Glass,Blinds,Impact Glass
YearBuiltDetails New Construction
Zoning 4601