1620 NW 18th Street, Miami, FL 33125

$5,750,000
Property Type: Commercial Sale Square Footage: 14,879 Status: Active
Current Price: $5,750,000 List Date: 9/21/2026 Last Modified: 9/30/2026

Overview

Description

Presenting The Lola Apartments, a 2025-built multifamily asset offering 20 units across three stories on a 7,150 square foot (0.16 acre) lot. The building totals 14,879 gross square feet with 10,246 square feet of net rentable space, and features a well-balanced unit mix: (5) studios at 410 square feet, (4) one-bedroom/one-bath units at 410 square feet, (5) one-bedroom/one-bath units at 531 square feet, and (6) two-bedroom/one-bath units at 650 square feet.Every unit has been outfitted with modern touches such as new white shaker cabinetry, quartz countertops, stainless steel appliance packages, wood-style vinyl plank flooring, full bathtubs, and spacious walk-in closets in select units. In the corner units, floor-to-ceiling glass sliding doors open to private balconies, filling the space with natural light and giving the building a clean, contemporary presence. Select units are served by central air conditioning, with the balance served by efficient mini-split systems. The property is ...

Listing Details MLS# A12092840

General Property Information

Number Of Buildings
Yes
Property Sub Type
Multi Family
Number Of Units Total
4
Price Per Unit
287500
Occupant Type
Call Listing Agent
Building Area Main
14879
Year Built
2025
Lot Size Area
7150
Lot Size Acres
0.16

Property Features

Sale Includes: Building; Land Construction Materials: Block Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
5750000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1620
Street Direction Prefix
NW
Street Name
18th
Street Suffix
Street
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33125
Postal Code +4
2433
Area
2310
Parcel Number
0131350052340
Subdivision Number
5
Zoning
4601
Flood Zone
AE

Financial Information

Tax Annual Amount
11433
Tax Year
2025
Tax Legal Description
BRADDOCKS SUB NO 4 PB 3-61 LOTS 16 & 17 BLK 9 & N1/2 OF ALLEY LYG S & ADJ CLOSED PER ORD 13492 LOT SIZE 7150 SQ FT M/L OR 15291-1096 1191 4

Status Change Information

Major Change Timestamp
2026-09-21T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-09-21

More Information

Description of Unit Type 1

Unit Type
Efficiency
Units Total
5
Furnished
No
Annual Rent
1550

Description of Unit Type 2

Unit Type
Efficiency
Units Total
5
Furnished
No
Annual Rent
1550

Description of Unit Type 3

Unit Type
1 Bedroom
Units Total
4
Furnished
No
Annual Rent
1613

Description of Unit Type 4

Unit Type
1 Bedroom
Units Total
4
Furnished
No
Annual Rent
1613

Description of Unit Type 5

Unit Type
1 Bedroom
Units Total
5
Furnished
No
Annual Rent
1790

Description of Unit Type 6

Unit Type
1 Bedroom
Units Total
5
Furnished
No
Annual Rent
1790

Description of Unit Type 7

Unit Type
2 Bedroom
Units Total
6
Furnished
No
Annual Rent
2075

Price Calculations

Current Price To SqFt
386.45

Section Details

Parcel Number MLX
2340

Originating Details

Originating System Key
564244134
Originating System ID
M00000151
IDX
Listing Office: MSP Group, LLC
Source MLS Verified
Last Updated: September - 30 - 2026
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