Closed

Washburns, 2240 NW 18th St, Miami, FL 33125

1,280,000(-15.63% )
5Beds
3Baths
2,736SqFt

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Details

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Status:
Sold - Apr 10, 2025
Size: 2,736 SqFt (254 m2)
Price: $395/SqFt ($4,249/m2)
Type: Multi Family
Built: 1971
MLS Number: A11726822
On Site: 203 Days
Updated: 91 Days ago
Page Views: 0
Prime turn key fourplex investment opportunity. Unlock this exceptional fourplex located in the highly sought-after 33125 neighborhood, a thriving and developing area minutes from downtown miami, brickell, and the miami river. This fourplex offers a blend of stability, cash flow and long term growth potential. Rent monthly, annually, or short term. Roof and ac units replaced 3.5 years ago. Kitchens and bathrooms all renovated. Units feature onsite parking, private patio, and shared laundry. The lot has space to build 4 to 5 additional units, zoned as such.two tenants are leased through july 31, 2025. Two tenants month to month. Schedule a private showing to explore this incredible asset.
Features
Bedrooms
  • Bedrooms: 5
Bathrooms
  • Bathrooms: 3
Exterior and Lot Features
  • Exterior Features: Fence,Patio
Interior, Heating and Cooling
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Other,Terrazzo
  • Year Built: 1971
  • Year Built Description: Effective Year Built
  • Style: Fourplex
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Listing Date: 2025-01-21T09:34:00.000-00:00
    Taxes, Fees & More
    • Taxes: 10031

    Price History

    04/10/2025

    Date

    Sold

    Event

    $1.1M

    Price

    -15.63%

    Change Rate

    $395 ft2 / $4,249 m2

    Price Per

    01/16/2025

    Date

    Listed

    Event

    $1.3M

    Price

    $468 ft2 / $5,036 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Esther Victoria ToribioOne Sotheby's Int'l Realty • Buyer Agency Compensation .

    Instant Comps

    $100/ft²
    $200/ft²
    $400/ft²
    $500/ft²

    Unit 2240 NW 18th St – Asking

    $395/ft²

    (+16%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $341/ft²
    Community $/Price Range (Closed) $288/ft² – $395/ft²
    No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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