$5,145,000

220 SW 18th, Miami FL, 33135

Price per sqftN/A

Built in1960

Property typeCommercial

Courtesy of Miguel Pinto with APEX Capital Realty LLC

Overview

Active

Listed Oct 2, 2026

Updated 4 weeks ago

220 SW 18th Avenue is a turnkey, fully occupied 21-unit multifamily investment opportunity located in the heart of Little Havana, one of Miami's most established rental markets. Originally built in the 1960s, the property offers investors the advantage of a newer vintage multifamily building compared with much of Little Havana's older 1920s and 1930s housing stock. The 9,918 SF building features a uniform unit mix of 21 one-bedroom/one-bathroom apartments, providing a simple and efficient configuration with consistent renter demand. The property is 100% occupied, generating $36,649 in monthly rent. The building also successfully completed its 40/50-Year Recertification in 2020. The property has been renovated and upgraded with impact windows, reducing near-term capital needs. Located just off West Flagler Street and minutes from Calle Ocho, loanDepot park, Downtown Miami and Brickell. Asking Price: $5,145,000 ($245,000 / Unit). Current Cap Rate: 7.03%.

Additional information

MLS^® ID: A12099815

Interior Features

Basement: No

Exterior Features

Lot Size: 0.22 Acres

Courtesy of APEX Capital Realty LLC, Miguel Pinto,
Listing Contact: 305-570-2600

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/4/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 3:35 AM UTC, 10/4/2026