Fully rented and updated 12 units Multifamily Investment 6.3% CAP RATE.This multifamily offers 8 spacious 2-bedroom/1-bath units and 4 large 2-bedroom + den/1-bath units, all meticulously upgraded with 16 parking spaces Brand new roof, high-impact windows, new electrical and plumbing, modern kitchens with new appliances,brand new A/C units, stylish flooring and fresh paint throughout ensure a hassle-free investment. Additional features include a new laundry facility, mechanical room, and a fully gated property with a monitored security camera system.Centrally located near Jackson Memorial, Miami International Airport, and major highways, this property is ideal for stable rental income.A true peace-of-mind investment with a strong 6.3% CAP rate!Don’t miss out—easy to show and won’t last!
Listed by Andreina Zambrano
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License #3155982
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One Sotheby's International Realty
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786-925-5170
Last updated August 13, 2025
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Source: MIAMIRE #A11738589
Listing Facts
TypeMulti-family
NeighborhoodCivic Center
Days on Prevu214
Taxes$31,540/year
Size7,692 sqft
Price per sqft$506
Amenities
Private Outdoor Space
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
08/04/2025
Price Decreased
$3,890,000
07/08/2025
Price Decreased
$3,990,000
03/28/2025
Price Decreased
$4,100,000
02/04/2025
Listed by One Sotheby's International Realty
$4,200,000
Property Details for 1630 NW 18th St
Association
General
Number Of Units In Community: 2
Exterior
Construction
Number Of Units Total: 12
Property Condition: Completely Renovated, New Construction, Substantially Remodeled
Construction Materials: Concrete Block Construction, CBS Construction
Exterior Features: Other
Features
Building Features: Laundry Facility
Fencing: Fenced
Patio And Porch Features: Open Porch
Measurements
Building Area Total: 7,692
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Residential Income
Operating Expense: $77,897.00
Taxes
Parcel Number: 01-31-35-005-2350
Tax Annual Amount: $31,540.00
Tax Year: 2024
Interior
Features
Flooring: Concrete, Vinyl
Interior Features: Stairs
Measurements
Living Area: 7,692
Living Area Units: Square Feet
Other
Environmental
Green Energy Efficient: Appliances
Location
Subdivision Name: BRADDOCK SUB NO 4
Parking
Parking
Parking Total: 16
Utilities
Equipment
Cooling: Electric
Has Cooling: Yes
Heating: Electric
Has Heating: Yes
Sewer: Public Sewer
Water Source: Municipal Water
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.