CITY OF MIAMI SOUTH

118 NW 6th Ave, Miami FL 33136

Closed

$899,000

9.19%

Est. Payment $4,785/mo

MLS Sheet Video

Days on Market

Description

PRICED REDUCED. Great Opportunity for Multifamily Development. Zoned: T6-8-R (Up to 150 units per Acre). Located near Flagler Street, in Rapidly Growing Little Havana area of Miami. Conveniently Located close to Downtown and Brickell area. Strong demand for rental units as there are great shortages in the area. Close attractions include Wynwood, Art District, and Midtown. Owner motivated to sell and will entertain all reasonable offers. Will not last.

Facts

MLS#: A11029008
Subdivision: CITY OF MIAMI SOUTH
Property Type: Commercial Land
Property Sub Type: Income/MultiFamily
Year Built: —
Lot Size: 6,970 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 92 days
Listed: Apr 16, 2021
Last Updated: Sep 8, 2021
Price/Lot Sq.Ft.: $129/ft²

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

9/8/2021	Sold	$899,000
6/15/2021	Price change	$899,000-9.2%
4/16/2021	Listed for sale	$990,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

118 NW 6th Ave, Miami FL 33136Directions

Estimated Monthly Payment

$5,684/mo

Principal & Interest

$4,785

Property Tax

$749

Insurance

$150

HOA

Down Payment20% ($179,800)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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