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

Sylvio Martini

+1(305) 876-4420
$ 633,000
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16204 NE 18th Ct North Miami Beach, FL 33162

1,375 SqFt

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 $460

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

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.

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

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Sylvio Martini
Sylvio Martini

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+1(305) 876-4420 | martini@miamirealtysolution.com

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16204 NE 18th Ct