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16204 NE 18th Ct, North Miami Beach, FL 33162

$633,000
  • 16204 NE 18th Ct, North Miami Beach, FL 33162 Main Photo

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Active
BEDS0 BATHS SQUARE FEET1,375 MLS#A11799039
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONFULFORD HEIGHTS

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 dont 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 its 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.

16204 NE 18th Ct | MLS# A11799039

This multi-family property located at 16204 NE 18th Ct, North Miami Beach, FL 33162 is currently listed for sale with an asking price of $633,000. Search North Miami Beach real estate on www.realty100.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Heating: Electric, Window/Wall
Home Style: Attached
Roof Type: Shingle
Stories: 1.0
Taxes: $7,516
Year Built: 1952

Feature Descriptions

Crops Included Y/N: No
Days on Site: 340
Exterior: Concrete Block Construction
Flooring: Other
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: 1/4 To Less Than 1/2 Acre Lot
Parcel#: 07-22-16-016-0530
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Units: 2
Window: Clear Impact Glass, High Impact Windows, Impact Glass

Listed By / Shown By

Listed By

Agency Name: Sapphire Luxury Properties
Agency Phone: 954-303-1082

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 2,219.74 per month $1,408.78 Principal & Interest $626.33 Property Tax $184.63 Homeowner's Insurance

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