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1712-1730 SW 18th St
Miramar, FL 33023
Multifamily Property For Sale · 11 Units

PROPERTY FACTS

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.37 AC
Building Size 4,355 SF
Average Occupancy 100%
No. Stories 1
Year Built 1954
Parking Ratio 0.92/1,000 SF
Zoning CF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Double Pane Windows
  • Instant Hot Water

ABOUT 1712-1730 SW 18TH ST , MIRAMAR, FL 33023

Completely remodeled 11-unit multifamily property, consisting of 2 buildings on two separate but adjoining corner lots. The property features (10) studios & (1) 1-bedroom 1-bathroom apartment. These lovely units come with new flooring, new kitchen cabinets & counter tops with cook-top, new AC walled units & luxuriously updated bathrooms. Impact windows installed throughout. Recently painted and upgraded. This turn key building is the best in the whole area! Easy access to important highways, transportation and more. Currently rented at full occupancy providing an annualized gross income of $132,900. All tenants under lease with security deposits. Building is being professionally managed. Great investment opportunity with this building fully performing at a clean 6.98% ROI. Building is sold as a "Package" with 1712-1730 SW 18th St.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 10 $1,038 400
1+1 1 $1,238 450 - 520

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-41-24-16-0120
Land Assessment
$34,970
Improvements Assessment
$473,030
Total Assessment
$508,000
  • Listing ID: 18210523

  • Date on Market: 1/16/2020

  • Last Updated:

  • Address: 1712-1730 SW 18th St, Miramar, FL 33023

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