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625 SW 18th Ave, Miami FL 33135

Comercial En Venta
$1,100,000

BTC: 13.29305136

ETH: 452.30263158

40 días
Frente al mar
0 room(s)

Visión general

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.

Ubicación

Detalles

Tipo:
Commercial Sale
Estacionamiento:
Sin datos
Año de construcción:
1937
Lote:
0.17 Hectáreas
Calefacción:
Sin datos
precio por sq. medidor:
Sin datos
Enfriamiento:
Wall/Window Unit(s)
HOA:
Sin datos

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.

Destacados

Annual tax
$13,755
2025
Waterfront
Yes
Parking
5 spaces
Más hechos y características
  • Piso

    • Tile

    • Vinyl

    Enfriamiento

    • Wall/Window Unit(s)

  • Lote

    • Lote: 0.17 Hectáreas

    Otra Información de Propiedad

    • Número de Parcela: 01-41-03-026-0170

    • Zonificación: 3900

  • Tipo y estilo

    • Tipo de propiedad: Commercial Sale

    • Subtipo de propiedad: Income/MultiFamily

  • Otra información financiera

    • Importe anual de impuestos: $13,755

  • Detalles de la fuente

    • MLS ID: A12085564

    Otros hechos

    • Materiales de construcción: CBS Construction

    • Características del lote: Corner Unit / In Residential Area

    • Frente al mar: Si

    • Fuente de agua: Public

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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