625 SW 18th Avenue, Miami, FL 33135
$1,100,000 · $333 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $1,100,000
- Price per sq ft: $333
- Building size: 3,307 sq ft
- Lot size: 7,405 sq ft
- Zoning: 3900
- Year built: 1937
- Units: 5
- Net operating income: $56,996/yr
- Cap rate: 5.2%
- Occupancy: 100%
- Tenant pays: Electricity, Interior Electric
- Buildings: 2
- Parking spaces: 5
- Parcel ID: 0141030260170
- MLS#: A12085564
About this property
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.
Building Features and Utilities
- Natural Gas Connected
- CBS
Rent Roll
| Unit type | Units | Beds / baths | Size | Rent per unit | Pro forma |
|---|---|---|---|---|---|
| 2 Bedroom | 625 | 2 / — | — | — | — |
| 2 Bedroom | 625 | 2 / — | — | — | — |
| 1 Bedroom | 631 | 1 / — | — | — | — |
| 1 Bedroom | 633 | 1 / — | — | — | — |
| 1 Bedroom | 635 | 1 / — | — | — | — |
3,149 units.
Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.
Operating Statement
| Gross scheduled income | $87,800/yr |
|---|---|
| Property taxes | $13,755/yr |
| Net operating income | $56,996/yr |
| Cap rate at asking price | 5.2% |
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
About the Business at 625 SW 18th Avenue
- Included: Building, Land, Leases, Machinery
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
BHHS EWM Realty · MLSGables@ewm.com · Listing agent: Ileana M Larrubia
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 625 SW 18th Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 625 SW 18th Avenue
- How much is 625 SW 18th Avenue?
- 625 SW 18th Avenue is listed at $1,100,000, about $333 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is the cap rate on 625 SW 18th Avenue?
- The listing reports net operating income of $56,996 a year, a cap rate of about 5.2% at the $1,100,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
- What is 625 SW 18th Avenue zoned?
- The listing reports zoning of 3900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 625 SW 18th Avenue?
- The listing reports 3,307 square feet of building.
- When was 625 SW 18th Avenue built?
- 625 SW 18th Avenue was built in 1937. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 625 SW 18th Avenue?
- The listing reports annual property taxes of $13,755 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 625 SW 18th Avenue?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
More Commercial Listings Nearby
- 435 SW 5th Avenue, Miami · Multifamily for sale · $1,899,000 · 3,620 sq ft
- 301 NW 37th Street, Miami · Multifamily for sale · $1,250,000 · 1,642 sq ft
- 5712 NW 22nd Avenue, Miami · Multifamily for sale · $3,300,000 · 8,960 sq ft
- 417 NE 26th Street, Miami · Multifamily for sale · $2,950,000 · 4,506 sq ft
- 2239 NW 87th Street, Miami · Multifamily for sale · $1,460,000 · 3,653 sq ft
- 1484 NW 15th Avenue, Miami · Multifamily for sale · $2,275,000 · 6,552 sq ft
- 1238 SW 4th Street, Miami · Multifamily for sale · $1,850,000 · 4,641 sq ft
- 220 SW 18th Avenue, Miami · Multifamily for sale · $5,145,000 · 9,918 sq ft
See every commercial listing in Miami or browse Florida commercial real estate.
Explore
- Miami Multifamily Properties for Sale
- Miami Commercial Real Estate
- Florida Multifamily Properties for Sale
- Commercial property for sale in South Florida
- Florida commercial real estate
- Investment sales and 1031 exchanges
- Investment properties and investor services
- Land for sale
- Miami real estate
- Miami-Dade County real estate
- Talk to a commercial specialist