625 SW 18th Ave, Miami, FL 33135

About 625 SW 18th Ave, Miami, FL 33135

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.

How This Listing Compares in Miami

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 625 SW 18th Ave, Miami, FL 33135

Flooring

Tile, Vinyl

Cooling

Wall/Window Unit(s)

Pool Private

No

Year Built Details

Resale

The Building at 625 SW 18th Ave, Miami, FL 33135

Building Name

625 SW 18 Avenue

Building Area Total

3307

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Security Features

Smoke Alarm, Security Fence

Lot, Views & Construction at 625 SW 18th Ave, Miami, FL 33135

Lot Features

Corner Unit, In Residential Area

Lot Size Square Feet

7,127

Waterfront

Yes

View

No

Construction Materials

CBS Construction

Roof

Built-Up

Sewer

Public Sanitation

Water Source

Public

New Construction

No

Taxes & Public Record for 625 SW 18th Ave, Miami, FL 33135

Parcel Number

01-41-03-026-0170

Tax Annual Amount

$13,755

Tax Year

2,025

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

Zoning

3900

County Or Parish

Miami-Dade County

Map & Neighborhood