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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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625 SW 18th Ave , Miami, FL 33135
$1,100,000
Est. Payment: $5,882.47/mo
3307 Sqft
0.16 Acres
Status: active | Days on site: 23
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EWM 01 - 3028769
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House 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.

Highlights

Listed by Ileana Larrubia , 305-790-0851 BHHS EWM Realty , 305-960-2400. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
0.16

Year Built

1937

County

Miami-Dade

Area

41

Listing ID

A12085564

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Interior Features

Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Tile,Vinyl
Water:Public

Exterior Features

Garage Capacity:5
Zoning:3900
Roof:Built-Up
Sewer:Public Sewer
Principal Interest
$5,882
Taxes
$1,146

Home Price

$1,100,000

Loan Details

30 yrs
7.047%

Down Payment

20%
$220,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,882.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,882.47 $1,146.25 $0.00 $7,028.72
Yearly $70,589.59 $13,755.00 $0.00 $84,344.59
Total $2,117,687.58 $412,650.00 $0.00 $2,530,337.58

Today's Rates

30 Year

7.05%

20 Year

7.09%

15 Year

6.5%

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Market insight data is pulled from the same city as the listing being viewed (Miami, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-22T23:04:59.000Z

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