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$625,000

Est. payment - /mo

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1,375 SqFt

Price Dropped by $8K

16204 NE 18th Ct North Miami Beach, FL 33162

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Gustavo Pacheco

gustavo.pacheco@exprealty.com +1(305) 492-9705

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,375 sqft

Price per Sqft $454

Subdivision Fulford Heights

MLS Listing ID A11799039

HOA Y/N Yes

Year Built 1952

Annual Tax Amount $7,516

Tax Year 2024

Property Sub-Type Duplex

Property Description

THE RED TAPE HAS BEEN CUT. This high-frontage duplex is officially ready after long administrative hurdles. We have done the heavy lifting so you don't have to: the City has approved the architectural plans, and the $23,000 Sewer Connection is already paid and completed. Featuring two 2BR/1BA mirror-image units on an oversized lot, this is a premier value-add play with recent appraisals supporting a valuation significantly above asking price. Perfectly located near Oleta River State Park, Sunny Isles Beach, and Aventura Mall, this property is a goldmine for premium long-term rentals or a high-yield Airbnb strategy. The Seller is highly motivated and offering a MASSIVE INCENTIVE for a fast-action buyer ready to close within 30 days. We are seeking a firm 5–7 day inspection period; Cash buyers are preferred, though buyers with a proven lender capable of meeting the 30-day deadline are welcome. The Seller will consider a substantial closing cost contribution for a clean, no-contingency deal. Delivered vacant, allowing you to set your own market rents or income stream immediately. Proof of funds or pre-approval is required with all AS-IS offers. The path is clear, the major costs are covered, and the equity upside is massive—secure this turnkey opportunity to purchase well below market value before it's gone! Perfect for Family and Inlaw to live all in the same property at a great value.

Location

State FL

County Miami-dade

Community Fulford Heights

Area 22

Interior

Heating Electric, Wall Furnace

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Laminate, Other

Window Features Impact Glass

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 07-22-16-016-0530

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11799039

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Sapphire Luxury Properties

Nearby Locations

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Gustavo Pacheco

Agent | License ID: 3187382

+1(305) 492-9705

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16204 NE 18th Ct North Miami Beach, FL 33162

Gustavo Pacheco

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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16204 NE 18th Ct