220 SW 18th Ave, Miami FL 33135 | Miami-Dade County | A12099815
- $5,145,000
- $5,145,000
Description
220 SW 18th Avenue is a turnkey, fully occupied 21-unit multifamily investment opportunity located in the heart of Little Havana, one of Miami’s most established rental markets. Originally built in the 1960s, the property offers investors the advantage of a newer vintage multifamily building compared with much of Little Havana’s older 1920s and 1930s housing stock. The 9,918 SF building features a uniform unit mix of 21 one-bedroom/one-bathroom apartments, providing a simple and efficient configuration with consistent renter demand. The property is 100% occupied, generating $36,649 in monthly rent. The building also successfully completed its 40/50-Year Recertification in 2020. The property has been renovated and upgraded with impact windows, reducing near-term capital needs. Located just off West Flagler Street and minutes from Calle Ocho, loanDepot park, Downtown Miami and Brickell. Asking Price: $5,145,000 ($245,000 / Unit). Current Cap Rate: 7.03%.
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This listing is courtesy of APEX Capital Realty LLC.
Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.
Address
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Address: 18th Ave
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City: Miami
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Zip/Postal Code: 33135
Details
Updated on October 4, 2026 at 6:40 pm-
Property ID A12099815
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Price $5,145,000
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Year Built 1960
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Property Status Active, Commercial Sale
Additional details
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Waterfront No
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Association No
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Private Pool No
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Building Area 9918
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Lot Size (Sq Ft) 9750
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Flood Zone X
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New Construction No
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