WASHBURNS 2ND ADDN

2240 NW 18th St, Miami FL 33125

2,736 ft²

Closed

$1,280,000

Est. Payment $6,813/mo

MLS Sheet Video

2,736

Sq. Ft.

1971

Year Built

1

Stories

41

Days on Market

Description

PRIME TURN KEY FOURPLEX INVESTMENT OPPORTUNITY. Unlock this exceptional fourplex located in the highly sought-after 33125 neighborhood, a thriving and developing area minutes from Downtown Miami, Brickell, and The Miami River. This fourplex offers a blend of stability, cash flow and long term growth potential. Rent monthly, annually, or short term. Roof and AC units replaced 3.5 years ago. Kitchens and Bathrooms all renovated. Units feature onsite parking, private patio, and shared laundry. The lot has space to build 4 to 5 additional units, zoned as such.Two tenants are leased through July 31, 2025. Two tenants month to month. Schedule a private showing to explore this incredible asset.

Facts

MLS#
A11726822
Subdivision
WASHBURNS 2ND ADDN
Property Type
Residential Income
Property Sub Type
Quadruplex
Year Built
1971
Lot Size
0 sqft
Sq. Ft.
2,736 ft²
Sq. Mt.
254 m²
Price per sq. ft.
$468/ft²
Price per sq. mt.
$5,039/m²
Stories
1
Garage
Pool
Days on Market
41 days
Listed
Jan 16, 2025
Last Updated
May 12, 2025
Price/Lot Sq.Ft.

Market insights for Miami

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

Sellers market

May 2026

100/100
Buyers marketSellers market

47

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).

5/12/2025Sold$1,280,000
1/16/2025Listed for sale$1,280,000

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

Location

2240 NW 18th St, Miami FL 33125Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$8,029/mo

Principal & Interest

$6,813

Property Tax

$1,067

Insurance

$150

HOA

$0

20% ($256,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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