Fort Lauderdale & South Florida Real Estate Waterfront Homes • Luxury Properties • Local Broker Expertise

220 SW 18th Ave

Miami, FL 33135

MLS#: A12099815

$5,145,000

Status: Active
Listing number: A12099815
Listing provided by: APEX Capital Realty LLC
Listing agent phone: None
Last update: 7 hours ago
New on site 1 day ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1960

Sq.Footage

9,918

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%.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(square feet)

    9,750

  • Property Type

    Commercial Sale

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $5,145,000

  • Zoning

    4600

  • Sq. Footage

    9,918

  • Price/SqFt

    $518

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of Miguel Pinto, APEX Capital Realty LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Jarrod Gaylis

Managing Broker & Founder

Jarrod Gaylis

Call Jarrod today to schedule a private showing.

(305) 790-0199

jgaylis@perfectpropertiesfl.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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 Ave

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Perfect Properties of Florida Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

New on site 1 day ago
871 SW 3rd Street is a 100% occupied, 24-unit multifamily investment in East Little Havana. All 24 one-bedroom, one-bath apartments are leased at an average in-place rent of $1,685 per month: income from day one, no lease-up, no downtime. The existing financing is assumable at a rate below 6% with about four years remaining, so a buyer steps into in-place debt. The 40-year recertification is complete. East Little Havana is one of Miami's most vibrant, culturally rich neighborhoods, set between the Little Havana core and Brickell, minutes from Downtown Miami and the Miami River. Steady demand for well-located workforce housing keeps occupancy high. Asking Price: $5,400,000 ($225,000 per unit). 5.92% cap rate on reassessed NOI.
#A12099896

Miami

871 SW 3rd St

None Beds

None Baths

11,700 Sq.Ft.

$5,400,000

MLS#: A12099896

New on site 3 days ago
Rare opportunity to acquire a substantial penthouse office condominium with 12,419 sf with incredible waterviews of Biscayne Bay and Downtown Brickell, offering an owner-user the ability to establish a prominent Miami headquarters in a highly accessible Biscayne Corridor location. The property provides expansive floorplate space suitable for corporate headquarters, professional services, financial firms, family offices, investment companies, law firms, medical/professional users, investors or other organizations requiring a significant executive office presence. The penthouse offers extensive space with flexible configuration potential for executive offices, conference and board rooms, private offices, open work areas, kitchens, reception, client-facing areas, and support functions. The upper-floor positioning provides expansive views and a distinctive setting compared with conventional office space. Most offices have beautiful views. 4770 Biscayne Boulevard is a 15-story office building originally constructed in 1982 and subsequently renovated substanially recently, with updated building systems, smart elevators, modernized common areas, upgraded lighting, contemporary lobby and impact windows and doors. The property provides 24-hour building access and security, covered parking, and convenient access to I-195 and major Miami transportation corridors. The location places the property within close proximity to Miami's Design District, Wynwood and Brickell.
#A12097994

Miami

4770 Biscayne Blvd PH000

None Beds

None Baths

12,419 Sq.Ft.

$5,700,000

MLS#: A12097994

New on site 4 days ago
Rare opportunity to acquire two contiguous industrial parcels totaling approximately 61,020 SF (±1.40 acres) in Tamiami Industrial Park, just minutes from Miami Executive Airport (TMB). Zoned IU-C (Industrial District, Conditional), offering potential for industrial, commercial, storage and yard-related uses, subject to applicable zoning and approvals. Convenient access to major roadways and nearby recently approved development at Miami Executive Airport, including new hangars, FBO facilities and supporting infrastructure. Folio 30-5922-002-0140 is included with the sale. Two parcels offered together at $4,500,000.
#A12097554

Miami

14170 SW 140th St

None Beds

None Baths

N/A

$4,500,000

MLS#: A12097554

New on site 3 days ago
Unique two-parcel assemblage fronting W Flagler St in the heart of Little Havana. The 26,129 SF (0.60-acre) site combines a 30-key economy motel with confirmed T5-L zoning permitting approximately 39 residential units by right, along with hotel, office, and general commercial uses — delivering investors and developers a flexible, income-producing asset with a clear, executable path to redevelopment. The existing motel remains a permitted by right use generating holding-period income while a buyer pursues design, permitting, and entitlement. The site is within minutes of Downtown Miami, Brickell, Coral Gables, Coconut Grove, and Miami International Airport, placing it at the geographic center of Miami's most economically active sub-markets. Cross streets carry 30,000 to 40,000+ vehicles per day. The immediate area is a dense grid of high-volume arterials, delivering outstanding drive-by visibility for continued hospitality use, ground-floor retail, or mixed-use redevelopment. This is a single-seller acquisition on one of Little Havana's busiest commercial corridors. Additionally, the site's T5-L zoning may qualify for additional density and height under Florida's Live Local Act, representing genuine additive upside for a qualifying developer-buyer.
#A12093427

Miami

3301 W Flagler St

None Beds

None Baths

8,493 Sq.Ft.

$4,950,000

MLS#: A12093427

Presenting The Lola Apartments, a 2025-built multifamily asset offering 20 units across three stories on a 7,150 square foot (0.16 acre) lot. The building totals 14,879 gross square feet with 10,246 square feet of net rentable space, and features a well-balanced unit mix: (5) studios at 410 square feet, (4) one-bedroom/one-bath units at 410 square feet, (5) one-bedroom/one-bath units at 531 square feet, and (6) two-bedroom/one-bath units at 650 square feet. Every unit has been outfitted with modern touches such as new white shaker cabinetry, quartz countertops, stainless steel appliance packages, wood-style vinyl plank flooring, full bathtubs, and spacious walk-in closets in select units. In the corner units, floor-to-ceiling glass sliding doors open to private balconies, filling the space with natural light and giving the building a clean, contemporary presence. Select units are served by central air conditioning, with the balance served by efficient mini-split systems. The property is individually metered for electric and is fully handicap accessible via a wheelchair lift, expanding the tenant pool and satisfying accessibility requirements. Connectivity is a defining strength of the location. The Dolphin Expressway is less than a mile away and I-95 is under two miles, giving residents of The Lola immediate proximity to highways that access all of Miami-Dade and Broward counties.
#A12092840

Miami

1620 NW 18th St

None Beds

None Baths

14,879 Sq.Ft.

$5,750,000

MLS#: A12092840

Prime Freestanding Commercial Building located on the Iconic 8th Street Corridor. Positioned on a high-visibility corner lot, this renovated 3,350 Sq.Ft. sits on a generous 13,353 Sq.Ft. parcel, offering exceptional flexibility for commercial uses, Ideal for medical clinics, professional offices, tech companies, retail stores, financial institutions, and more -complete with drive through facility. The interior layout features a versatile mix of private offices, welcoming reception, workstation, a kitchen, restrooms, open workspaces, conferencing facility and flexible floor plans. Enjoy outstanding exposure with a daily traffic count of 42,865 vehicles and the added benefit of prominent pylon signage for maximum branding impact. The property also boasts prominent pylon signage.
#A12091958

Miami

7101 SW 8th St

None Beds

None Baths

3,350 Sq.Ft.

$4,200,000

MLS#: A12091958

Eco Stone Group Investments is pleased to present a 24-unit multifamily property located at 4271 NW South Tamiami Canal, in the heart of Miami. Its density and desirability have allowed for rapid growth in rents and capital appreciation for the area. The property is in the center of prime destinations like Miami International Airport, The Health districts, Brickell and Miami freedom Park stadium (New stadium inter Miami) multiple transit systems, and offers easy access to public transportation, expressways, and major highways, creating high demand for both tenants and landlords. The property features: - 24 separate units, 9units 2 bed and 1 bath (approx 750 sq.ft.), and 15units 1Bed 1 bath which are larger (approx. 580sqf) - Separate electric meters for each unit. - 100% of the units have been renovated. - A parking space for each unit. Plus visitor parking Please brochure attach
#A12091066

Miami

4271 NW South Tamiami Canal Dr

None Beds

None Baths

17,069 Sq.Ft.

$6,100,000

MLS#: A12091066

Rare opportunity to acquire a turnkey medical, surgical and aesthetic facility in the heart of Brickell. Located on the 17th floor of Latitude One, this professionally designed property combines four contiguous suites totaling 3,750 rentable square feet. The clinical area features two surgical/procedure rooms, a three-bed recovery area, three nursing stations, scrub sink, clinical cabinetry, utility and storage areas, an ensuite shower and bathroom, staff lockers, three rear exits and private rear-lobby access. The patient and administrative areas include three exam rooms, a dedicated med spa area, three executive offices, a conference room, four reception workstations and spacious lobby areas. Additional features include floor-to-ceiling windows, Lutron lighting, electric blinds, security, phone and data infrastructure, high-speed internet capability and seven parking spaces. Ideal for a plastic surgery, cosmetic medicine, dermatology, aesthetic or specialty medical practice, subject to applicable approvals.
#A12090906

Miami

175 SW 7th St 1710

None Beds

None Baths

3,750 Sq.Ft.

$5,000,000

MLS#: A12090906

Presenting The Mayfair Apartments, an 18-unit multifamily property located at 2425 SW 6th Street in the heart of Little Havana, combining the character of 1925 construction with a substantial interior renovation completed in 2026. The unit mix consists of (2) studios at 435 square feet, (7) one-bedroom/one-bath units at 550 square feet, and (9) two-bedroom/one-bath units at 650 square feet. The unit mix in the building being half two-bedrooms, supports longer tenancy and lower turnover. The interiors have been fully updated with quartz countertops and backsplash, white shaker cabinetry, stainless steel appliance packages, luxury vinyl plank flooring, and brand new bathroom vanities, wall tiles and chic fixtures. Every unit is cooled by an efficient ductless mini-split system, and the building has been upgraded with new electrical panels. Interior corridors give residents a more secure, private entry than typical garden-style product in the area, and on-site laundry facilities add convenience for tenants and ancillary income for ownership. Lastly, the building is outfitted with hurricane impact windows throughout and has been freshly painted. The property is located just east of SW 27th Avenue, a block from Tamiami Trail (SW 8th Street), in one of Miami's most established and densely populated rental neighborhoods. Proximity to the SW 8th Street and SW 27th Avenue intersection gives residents easy access to the entire urban core.
#A12094236

Miami

2425 SW 6th St

None Beds

None Baths

10,572 Sq.Ft.

$4,400,000

MLS#: A12094236

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Perfect Properties of Florida Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Perfect Properties of Florida Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service