Homes for Sale in Coral Gables, Brickell, Miami, Miami Beach, Edgewater | Raquel Palmieri - EWM Realty
Listed By:
This listing is courtesy of BHHS EWM Realty
Address
625 Sw 18th Ave, Miami, FL
Price
$ 1,100,000
Property Attributes
  • MLS#A12085564
  • TypeCommercial
  • Listing Status Active
  • CountyMiami-Dade
  • CityMiami
  • Area41
  • Zip33135
  • Style
  • Year Built1937
  • Taxes$ 13755
  • Price$ 1,100,000
  • Bedrooms625
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3307
  • Lot Size0.17 Acres
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Excellent investment and redevelopment opportunity in a prime location on a desirable corner lot. Property consists of 5 legal units is 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.

Price History
9/9/2026 Listed $1,100,000

General Features

Sewer Public Sewer
Cooling Wall/Window Unit(s)
Possession Closing & Funding
Roof Built-Up
Security Features Fenced,Smoke Detector(s)
Construction Materials Block
Year Built 1937
Electric 110 Volts,Separate Meters
Tenant Pays Electricity
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2025
Ownership Self Proprietor/Individual
Building Name 625 SW 18 Avenue
County Miami-Dade
Net Operating Income 56996
Property Type Commercial Sale
Status Active
Directions On the corner of SW 7 Street and 18 Avenue.
City Miami
Disclosures Seller Disclosure
Zoning Description 3900
Number Of Units Total 5
MLS Area 41
Lot Size Units Square Feet
Lot Size Square Feet 7127
Listing Terms Cash
Year Built Details Resale
Tax Annual Amount 13755
Ok to Lease Month To Month
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12085564
Structure Type Multi Family
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
PostalCity Miami
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

Interior Features

Flooring Tile,Vinyl
Air Conditioning Y/N true
Total Bedrooms 625

Exterior Features

Water Source Public
Total Parking 5
Lot Size Area 7127
Number of Buildings 2
Building Area Total 3307
Lot Size Acres 0.17
Waterfront Y/N false
Number of Separate Electric Meters 5
Road Frontage Type State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33135

Price
AVG $2.8M
$1.1M
Taxes
AVG $18,388
$13,755
Year Built
AVG 1951
1937