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625 SW 18th Ave, Miami FL 33135

Commercial For Sale
$1,100,000

BTC: 13.45154387

ETH: 452.30263158

40 days
Waterfront
0 room(s)

Overview

Excellent investment and redevelopment opportunity in a prime location on a desirable corner lot in Little Havana. Property consists of 5 legal units currently being used as 6 units. A 1937 2 story duplex (2/1 & 2/2) and a 1954 triplex (3 -1/1 units). Fully occupied month-to-month rentals offer maximum flexibility. This allows a buyer to generate interim income to offset carrying costs while deciding whether to move forward with approved plans to cure violations, and execute a remodel or advance new redevelopment plans through the entitlement phase. Property being sold Cash strictly AS-IS with existing violations and liens. Currently zoned T4-R with a pending rezoning application to T5-0 under Miami 21, offering significant potential for future redevelopment. Architectural plans are included with sale. Buyer must conduct all due diligence and independently verify existing and proposed uses, unit count, zoning development rights, code compliance, violations, liens and the status and requirements of the pending rezoning application. Seller and Broker make no representation or guarantee that the requested T5-O rezoning will be approved. Approved plans and financials available.

Location

Florida • Miami • 33135 • Commercial • For Sale • Waterfront

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1937
Lot:
0.17 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,162,500
$584K – $3.9M
Confidence Low
List vs. estimate
$1.1M below estimate
List $1,100,000 · -49.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $920K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,755
2025
Waterfront
Yes
Parking
5 spaces
All facts and features

  • Flooring

    • Tile

    • Vinyl

    Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 01-41-03-026-0170

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $13,755

  • Source details

    • MLS ID: A12085564

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Corner Unit / In Residential Area

    • Waterfront: Yes

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33135
64
median $1.1M
Active
Same city
Miami
5,686
median $650K
Active
Same type
Commercial
338
median $1.0M
Active
Similar price
$770K – $1.4M
1,173
median $975K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BHHS EWM Realty