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$1,100,000
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Property Description
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.
Full Property Details
Full Property Details for 625 SW 18th Ave
General
- Price: $1,100,000
- Taxes: $13,755 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: Greater_Miami
- MLS ID: A12085564
- Updated: 10/2/2026
- Added to Site: 26 day(s) ago
Business
- Business Type: Residential-Multi-Family
Rental Information
- Lease/Rent Term: Month To Month
Interior
- Flooring: Tile, Vinyl
Additional Information
- Security/Safety: Smoke Alarm, Security Fence
Parking
- Total Spaces: 5
Location
- County: Miami-Dade County
- Building Name: 625 SW 18 Avenue
- Driving Directions: On the corner of SW 7 Street and 18 Avenue.
Community
- Units Assoc/Comm: 5
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
Utilities
- Electric Available: Yes
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 2
- Structure Type: Free Standing
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Built-Up
- Stories/Levels: 2
- Building Size: 3307
- Current Bldg. Use: Income Waterfront
- Year Built: 1937
- Other Struct. Feat.: Automobile Traffic, City Licenses, County Licenses, Exterior Lighting, Natural Gas, Outside Storage, Pedestrian Traffic
Unit Information
- Units in Complex: 5
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,127
- Lot Features: Corner Unit, In Residential Area
- Zoning: 3900
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $13,755
- Tax Year: 2025
- Terms: All Cash
- Tenant Pays: Electricity
Disclosures and Reports
- Ownership: Self Proprietor/Individual
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Appraisal, Drawings, Investment Analysis, Other Available Information, Owner Managed, Rent Rolls, Existing Survey
- 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
- Inclusions: Building & Land, Leases, Equipment
- Property ID: 01-41-03-026-0170
Listed by BHHS EWM Realty
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Schools
Schools serving 625 SW 18th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Shenandoah Elementary School, Miami, FL 1023 Southwest 21st Avenue, Miami, FL 33135 | PK-5 | 0.3 mi |
Shenandoah Middle School 1950 Southwest 19th Street, Miami, FL 33145 | 6-8 | 0.9 mi |
Miami Senior High School 2450 Southwest 1st Street, Miami, FL 33135 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 625 SW 18th Ave
Date
Details
Price
Change
Source
9/09/2026
Listed
$1,100,000
—
MLS
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 625 SW 18th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,895
5%
$658,994
-17%
2024
$13,283
4%
$793,118
2%
2023
$12,775
33%
$780,457
71%
2021
$9,617
-12%
$457,738
-25%
2022
$10,977
14%
$612,026
45%
2021
$9,617
18%
$422,012
13%
2019
$8,154
10%
$371,987
10%
2018
$7,429
9%
$338,170
-4%
2017
$6,832
8%
$353,162
26%
2016
$6,342
12%
$279,480
10%
2015
$5,684
5%
$254,073
10%
2014
$5,416
7%
$230,976
10%
2013
$5,045
—
$209,979
—
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 625 SW 18th Ave
625 SW 18th Ave, Miami, FL 33135 (MLS# A12085564) is a Commercial Multi-Family property. 625 SW 18th Ave is currently listed for $1,100,000 and was received on September 09, 2026. Want to learn more about 625 SW 18th Ave? Do you have questions about finding other Commercial 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.

