625 SW 18th Ave, Miami, FL 33135

About This Home

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.

Property Details

Flooring

Tile, Vinyl

Cooling

Wall/Window Unit(s)

Building & Association

Building Name

625 SW 18 Avenue

Stories

2

Stories Total

2

Association

No

Security Features

Smoke Alarm, Security Fence

Lot & Construction

Lot Features

Corner Unit, In Residential Area

Lot Size Square Feet

7,127

Waterfront

Yes

View

No

Construction Materials

CBS Construction

Roof

Built-Up

New Construction

No

Public Records

Parcel Number

01-41-03-026-0170

Tax Annual Amount

$13,755

Tax Year

2,025

Zoning

3900

County Or Parish

Miami-Dade County

Location