625 SW 18th Avenue, Miami, FL 33135

$1,100,000
Property Type: Commercial Sale Square Footage: 3,307 Status: Active
Current Price: $1,100,000 List Date: 9/09/2026 Last Modified: 9/30/2026

Overview

Description

Excellent investment and redevelopment opportunity in a prime location on a desirable corner lot. Property consists of 5 legal units currently being used as 6 units. Property being sold 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 financial available.

Listing Details MLS# A12085564

General Property Information

Number Of Buildings
2
Property Sub Type
Multi Family
Number Of Units Total
5
Price Per Unit
220000
Occupant Type
Tenant
Building Area Main
3307
Year Built
1937
Parking Total
5
Lot Size Area
7127
Lot Size Acres
0.17

Property Features

Building Features: Exterior Lighting; Fenced Area; Storage Common Area Maintenance Includes: Exterior Electric; Exterior Maintenance; Janitorial Service; Real Estate Tax; Water Documents Available: Aerial Photo(s); Appraisal; Drawings; Existing Survey; Investment Analysis; Other Available Information; Owner Managed; Rent Rolls Electric: 110 Volts; Separate Meters Flooring: Tile; Vinyl Location of Property: Corner Unit; In Residential Area Possession: Negotiable Property Condition: Resale Sale Includes: Building; Land; Leases; Machinery Special Licenses: City License; County License Source Of Expenses: Owner Provided Tenant Pays: Electricity; Interior Electric Construction Materials: CBS Cooling: Wall/Window Unit(s) Listing Terms: Cash Road Frontage Type: State Road Traffic Type: Auto; Pedestrian Roof: Built-Up Security Features: Fire Alarm; Security Fence Sewer: Public Sewer Special Information: Disclosure Utilities: Natural Gas Connected Water Source: Public Showing Requirements: 24 Hour Notice; Call Listing Agent; Showing Service

Contract Information

Comp Sale YN
No
Original List Price
1100000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
625
Street Direction Prefix
SW
Street Name
18th
Street Suffix
Avenue
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33135
Postal Code +4
3484
Area
2410
Parcel Number
0141030260170
Subdivision Number
26
Zoning
3900
Flood Zone
X
Directions
On the corner of SW 7 Street and 18 Avenue.
Property Description
Multi-Family - 5 units

Financial Information

Tax Annual Amount
13755
Tax Year
2025
Tax Legal Description
3 54 41 LAWNVIEW PB 5-164 LOTS 27 & 28 LESS R/W THEREOF BLK 1 LOT SIZE 7127 SQ FT OR 11232-423 0981 4

Status Change Information

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

More Information

Building and Property Details

# Of Tenants
6
# Of Toilets
6
Interior Ceiling Height
8
Year Of Addition
1954

Meter Information

Number Of Meters Total
5

Income and Expenses

Gross Scheduled Income
87800
Net Operating Income
56996
Occupancy Percentage
100

Description of Unit Type 1

Unit Type
2 Bedroom
Units Total
625
Furnished
No

Description of Unit Type 2

Unit Type
2 Bedroom
Units Total
625
Furnished
No

Description of Unit Type 3

Unit Type
1 Bedroom
Units Total
631
Furnished
No

Description of Unit Type 4

Unit Type
1 Bedroom
Units Total
633
Furnished
No

Description of Unit Type 5

Unit Type
1 Bedroom
Units Total
635
Furnished
No

Price Calculations

Current Price To SqFt
332.62

Section Details

Parcel Number MLX
0170

Originating Details

Originating System Key
562466549
Originating System ID
M00000151
IDX
Listing Office: BHHS EWM Realty
Source MLS Verified
Last Updated: September - 30 - 2026
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