$633,000

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

1,375 sqft

Duplex
Built in 1952
—— sqft lot
—— car garage
$460/sqft
Listed 10 months ago

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.

Listing Status:: Active
Date Added:: May 16, 2025
Data Last Updated:: April 4, 2026 at 7:06AM
Listing Office:: Sapphire Luxury Properties : 954-303-1082
Listing Agent:: Anina Venuti : 305-491-7709
MLS ID:: A11799039

Flooring: Other
A/C: Ceiling Fan(s)Wall/Window Unit(s)
Heating: ElectricWindow/Wall

Style: Attached
Parking: Parking spaces: 0

Roofing: Shingle
Windows: Clear Impact GlassHigh Impact WindowsImpact Glass
General: Concrete Block Construction1

HOA Amenities: 0.0
Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: 380016 52 42 FULFORD HEIGHTS PB 8-51 E1/2 OF N1/2 OF LOT 7 & E1/2 OF LOT 6 BLK 5 LOT SIZE 75.000 X 67 OR 18814-1752 09 1999 1 COC 21695-3931 0907-22-16-016-0530

Sewer: Public Sewer

Source: Miami Association of REALTORS®

This listing courtesy of Anina Venuti , Sapphire Luxury Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Fulford Elementary School

16140 NE 18th Ave, North Miami Beach, FL, 33162

Grades PK-5

0.15 miles away

Sports Leadership and Management (Slam) Middle School - Nort

16551 NE 16th Ave, North Miami Beach, FL, 33162

Grades 6-8

0.37 miles away

C. G. Bethel High School

16150 NE 17th Ave, North Miami Beach, FL, 33162

Grades 9-12

0.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.