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Sold
Sold on May 8, 2024

2179 NW 18th Ter

$3,700,000
$3,450,000
0 Beds
0 Baths
17,489 sqft
0 Parkings
Lot size
17,489 sqft
Annual Tax
$30,111
Occupancy
Tenant
Year Built
1968
Property type
Multifamily
#MLS
A11528557

Description

Extraordinary investment opportunity in West Allapattah south of the NW 20 ST retail corridor, boasting an exceptional 1960s CBS construction that is hurricane proof. This sixteen (16)-unit apartment building, situated on 17,489 SF lot zoned T4-R with parking, is irreplaceable given existing zoning. Each apartment features a well- designed floor plan with one bedroom and one bath, providing consistency and ease of management. CBS construction, makes this a solid long-term investment. Within walking distance to Curtis Park and its fields, it is also centric to other amenities and locales. Inter Miami CF stadium, 58-acre public park, and entertainment district at Miami Freedom Park scheduled to open in 2025. This is a year-round destination spot.

Fausto Commercial Realty Consultants Inc

Features & Details

Learn about the features and details of 2179 NW 18th Ter

Property Details

  • Property Type
    MultiFamily
  • Living Area
    -
  • Year Built
    1968
  • Lot Size
    17,489 sqft
  • Stories
    -
  • Annual Tax
    $30,111.00
  • List Date
    2/1/2024
  • Updated
    6/9/2025
  • Last Checked
    Recent
  • MLS Number
    #A11528557
  • Brokerage
    Fausto Commercial Realty Consultants Inc
  • Postal Code
    33125
  • Area
    Miami-Dade County
  • City
    Miami

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $3,700,000.00
  • Unit Number
    -
  • Construction
    Construction
  • Heating
    Heating
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    No
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    No
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    Assessment Year
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 2179 NW 18th Ter

Virtual Tour

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Real estate trends

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Explore Miami-Dade County

Learn about the area around 2179 NW 18th Ter

Mortgage Calculator
Estimate monthly payments for 2179 NW 18th Ter
$0
20.0%
$3,700,000
1%
5.25%
10%
Estimated Monthly Payment

$17,738

Cash Flow Analysis
Mortgage Payment:
$17,737.73
Monthly Payment:
$20,246.98
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this exceptional multifamily in the heart of Allapattah, Miami. Originally built in 1968. Offered at $3,700,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 2179 NW 18th Ter

Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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2179 NW 18th Ter