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$3,890,000
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Property Description
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!
Full Property Details
Full Property Details for 1630 NW 18th St
General
- Price: $3,890,000
- Taxes: $31,540 (2024)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11738589
- Updated: 8/4/2025
- Added to Site: 349 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection, Water
Interior
- Interior Features: Stairs
- Flooring: Concrete, Vinyl
Exterior
- Exterior Features: Other
- Deck/Patio: Open Porch
Parking
- Total Spaces: 16
Location
- Area: Braddock Sub No 4
- County: Miami-Dade County
- Subdivision: BRADDOCK SUB NO 4
- Building Name: BRADDOCK SUB NO 4
- Driving Directions: USE GPS
Community
- Community Name: Braddock Sub No 4
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Other
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction
- Roof: Concrete
- Windows: Complete Impact Glass, Blinds, Impact Glass
- Stories/Levels: 2
- Building Size: 7692
- Square Feet: 7,692
- Sq. Ft. Source: Owner
- Living Area: 7,692 Sq. Ft.
- Year Built: 1969
- Property Condition: Completely Renovated, New Construction, Substantially Remodeled
- Other Struct. Feat.: Laundry Facility
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 4601
- Fencing (Description): Fenced
Green Features
- Energy Efficient: Appliances
Financial Considerations
- Price Per Sq. Ft.: $505.72
- Operating Expenses: $77,897
- Tax Amount: $31,540
- Tax Year: 2024
- Terms: Assumable, Conventional
Disclosures and Reports
- Documents Avail.: Equipment Lists, Financial Statement, Inventory, Copy Of Lease(S), Rent Rolls
- Legal Description: BRADDOCKS SUB NO 4 PB 3-61 LOTS 18 THRU 21 BLK 9 & N1/2 OF ALLEY LYG S & ADJ CLOSED ORD 13492 LOT SIZE 13507 SQ FT M/L
- Property ID: 01-31-35-005-2350
Listed by One Sotheby's International Realty
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Schools
Schools serving 1630 NW 18th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Paul Laurence Dunbar K-8 Center 505 Northwest 20th Street, Miami, FL 33127 | PK-5 | 1.2 mi |
Citrus Grove Middle School 2153 Northwest 3rd Street, Miami, FL 33125 | 6-8 | 1.1 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1630 NW 18th St
Date
Details
Price
Change
Source
8/04/2025
Price Reduced
$3,890,000
-2.51%
MLS
7/08/2025
Price Reduced
$3,990,000
-2.68%
MLS
3/28/2025
Price Reduced
$4,100,000
-2.38%
MLS
2/04/2025
Listed
$4,200,000
104.88%
MLS
7/13/2023
Sold
$2,050,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1630 NW 18th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$32,854
42%
$1,640,000
23%
2023
$23,093
9%
$1,330,000
7%
2022
$21,221
5%
$1,240,000
7%
2021
$20,174
—
$1,160,000
8%
2021
$20,174
17%
$1,071,000
53%
2019
$17,176
20%
$699,063
10%
2018
$14,284
14%
$635,512
2%
2017
$12,542
6%
$621,000
20%
2016
$11,842
2%
$516,627
3%
2015
$11,599
10%
$503,752
10%
2014
$10,522
4%
$457,957
3%
2013
$10,114
—
$446,515
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1630 NW 18th St
1630 NW 18th St, Miami, FL 33125 (MLS# A11738589) is a Multi-Family property with 12 units containing 0 bedrooms and 0 full bathrooms. 1630 NW 18th St is currently listed for $3,890,000 and was received on February 04, 2025. Want to learn more about 1630 NW 18th St? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

