Property 220 SW 18th Avenue, Miami, FL 33135 for sale with MLS# A12099815
220 SW 18th Avenue is a turnkey, fully occupied 21-unit multifamily investment opportunity located in the heart of Little Havana, one of Miami's most established rental markets. Originally built in the 1960s, the property offers investors the advantage of a newer vintage multifamily building compared with much of Little Havana's older 1920s and 1930s housing stock. The 9,918 SF building features a uniform unit mix of 21 one-bedroom/one-bathroom apartments, providing a simple and efficient configuration with consistent renter demand. The property is 100% occupied, generating $36,649 in monthly rent. The building also successfully completed its 40/50-Year Recertification in 2020. The property has been renovated and upgraded with impact windows, reducing near-term capital needs. Located just off West Flagler Street and minutes from Calle Ocho, loanDepot park, Downtown Miami and Brickell. Asking Price: $5,145,000 ($245,000 / Unit). Current Cap Rate: 7.03%.
220 SW 18th Avenue, Miami, FL 33135
- Price:
- $5,145,000.00
- Original List Price:
- $5,145,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $518.75
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- October 2, 2026 4:00 am
- Built-Up Area:
- 9,918 Sqft
- Lot Area:
- 9,750 Sqft
- Lot Size Acres:
- 0.22
- Year Built:
- 1960
- Flood Zone Code:
- X
- Senior Community:
- No
- Tax Legal Description:
- 3 54 41 IDLEWILD PARK PB 2-87 LOT 1 BLK 33 LOT SIZE 9750 SQUARE FEET OR 16047-2638 0893 2 COC 24172-1564 01 2006 1
- Real Estate Folio Number (Parcel Number):
- 0141030141190
- Zoning:
- 4600
- Active on the market since:
- October 2, 2026
- Listing Agreement executed on:
- October 2, 2026
- Listing Status Last Changed On:
- October 2, 2026 4:00 am
- Photos updated on:
- October 2, 2026 7:42 pm
- Last Modified:
- October 3, 2026 1:04 am
- Courtesy of:
- APEX Capital Realty LLC
- Attribution:
- Not provided
- Street Name:
- 18th
- Street Number:
- 220
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33135
- County:
- Miami-Dade
- Latitude:
- N25° 46' 12.8''
- Longitude:
- W81° 46' 29.5''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- SW
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 220 SW 18th Avenue, Miami, FL 33135
