About 220 Sw 18th Avenue
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%.
Features of 220 Sw 18th Avenue
| MLS® # | A12099815 |
|---|---|
| USD | $5,145,000 |
| CAD | $7,339,085 |
| CNY | 元34,433,942 |
| EUR | €4,592,520 |
| GBP | £3,885,509 |
| RUB | ₽438,146,142 |
| Acres | 0.22 |
| Year Built | 1960 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | New |
| HOPA | No Hopa |
Community Information
| Address | 220 Sw 18th Avenue |
|---|---|
| Area | 2410 |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33135 |
Amenities
| Guest House | No |
|---|
Additional Information
| Date Listed | October 2nd, 2026 |
|---|---|
| Days on Market | 9 |
| Zoning | 4600 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 0141030141190 |
Listing Details
| Office | APEX Capital Realty LLC |
|---|---|
| miguel@apexcapitalrealty.com |
