Property Description

INVESTOR ALERT: THE RED TAPE HAS BEEN CUT! $700K+ EQUITY UPSIDE! This high-frontage duplex is back on the market and better than ever. While administrative hurdles and City permit delays held this property longer than necessary—causing three previous solid offers to stall—those obstacles are officially GONE. The City has APPROVED the architectural plans and drawings, and the $23,000 Sewer Connection is PAID & COMPLETED. We have done the heavy lifting so you don’t have to! Featuring two 2BR/1BA mirror-image units on an oversized lot, this is a premier “value-add” play. Market comps and recent appraisals support a valuation approaching $700,000+ once the final minor sign-offs are captured. Perfectly located near Oleta River State Park, Sunny Isles Beach, and Aventura Mall, this is a goldmine for long-term rentals or a high-yield Airbnb play. The Seller is highly motivated and looking for a FIRM, FAST-ACTION OFFER. Preferred terms: 30-day close and 5-7-day inspection. FOR YOU CASH BUYERS: Seller may consider a closing cost contribution for a seamless, no-contingency deal. Proof of funds/Pre-approval required with all AS-IS offers. The major costs are covered, and the path is clear—secure this turnkey equity opportunity before it’s gone! Easy to RENT owner currently chooses not to rent to let buyer choose the tenant or direction of income stream via annual or short-term rentals.

Features
Swimming Pool
Heating System
Cooling System
Roof:
Shingle
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
North Miami Beach
Zipcode:
33162
Street:
16204 Ne 18th Ct, North Miami Beach, Florida 33162
Longitude:
W81° 50' 11.4''
Latitude:
N25° 55' 30.3''
MLS Addon
Building Area:
1,375 Sqft
Construction Materials:
Block
Cumulative DOM:
326
DOM:
326
Flooring:
Laminate, Other
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash, Conventional
Lot Features
Parcel Number:
07-22-16-016-0530
Subdivision Name:
FULFORD HEIGHTS
Tax Annual Amount:
$7,516
Tax Year:
2024
Utilities
Virtual Tour:
Click Here
Window Features:
Impact Glass

Residential Income For Sale

16204 Ne 18th Ct, North Miami Beach, Florida 33162, North Miami Beach, Florida 33162

1,375 Sqft
$633,000
MLS # #A11799039
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$633,000
Square Footage :
1,375 Sqft
Year Built :
1952
MLS # :
A11799039
Property Sub Type :
Duplex
Agent info
Contact Agent