2358 18th St ,Detached, Quadruplex, Palm Grove for Sale

2358 18th St for Sale

Price $999,999.00

  • Lot size 2711
  • Year Build 1926
  • Waterfront
  • Zip 33145
  • Style Detached
  • Parking Description
  • Pool Yes
  • Status Active
Contact usSchedule Tour

Description

Ideal 4Plex income producing property at a discount for a new buyer to come and finish the renovations once plans are approved by City of Miami. 4 units are - 2 are 2/1, 1 is 3/1 and last unit is 1/1. 2 units have central air and other two have wall units. Plans are submitted to City (see attachments) to put few impact windows, upgrade parking lot with 8 parking spaces, 2 water heater has been moved inside therefore needs electric and plumbing permits (plans reflect this change). Building has new roof with permits. Until all the work is completed and finalized, only then will the unsafe hold be removed. Seller financing is available at 50 percent down for interest rate of 8 % for 2 years with no prepayment penalty. Seller will pay for title policy and chose the title company to close.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11586105 DO NOT BOTHER TENANTS. Rents are below market.

PALM GROVE PB 14-66 LOT 54 & E8FT OF LOT 55 LOT SIZE 58.000 X 132 OR 20639-0417 08 2002 1 COC 26280-4169 03 2008 5

Less Than 1/4 Acre Lot

Ideal 4Plex income producing property at a discount for a new buyer to come and finish the renovations once plans are approved by City of Miami. 4 units are - 2 are 2/1, 1 is 3/1 and last unit is 1/1. 2 units have central air and other two have wall units. Plans are submitted to City (see attachments) to put few impact windows, upgrade parking lot with 8 parking spaces, 2 water heater has been moved inside therefore needs electric and plumbing permits (plans reflect this change). Building has new roof with permits. Until all the work is completed and finalized, only then will the unsafe hold be removed. Seller financing is available at 50 percent down for interest rate of 8 % for 2 years with no prepayment penalty. Seller will pay for title policy and chose the title company to close.

City:Miami,Zoning:0100,Cooling:1:Wall/Window Unit(s),Heating:1:Window/Wall,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:25.7547253,Cooling Y N:1,Heating Y N:1,List Price:999999,Listing Id:A11586105,Longitude:-80.2335595,Mls Status:Active,Year Built:1926,Living Area:2711,Postal Code:33145,Street Name:18th St,Coordinates:1:25.7547253,Photos Count:6,Building Name:PALM GROVE,Days On Market:1,Listing Terms:1:Exchange,2:Owner Will Carry,3:Owner Hold 2nd Mortgage,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Palm Grove,On Market Date:2024-05-12,Parcel Number:01-41-10-025-0380,Parking Total:10,Property Type:Residential Income,Stories Total:2,Street Number:2358,M I A M I R E_ Style:Fourplex,Public Remarks:Ideal 4Plex income producing property at a discount for a new buyer to come and finish the renovations once plans are approved by City of Miami. 4 units are - 2 are 2/1, 1 is 3/1 and last unit is 1/1. 2 units have central air and other two have wall units. Plans are submitted to City (see attachments) to put few impact windows, upgrade parking lot with 8 parking spaces, 2 water heater has been moved inside therefore needs electric and plumbing permits (plans reflect this change). Building has new roof with permits. Until all the work is completed and finalized, only then will the unsafe hold be removed. Seller financing is available at 50 percent down for interest rate of 8 % for 2 years with no prepayment penalty. Seller will pay for title policy and chose the title company to close.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Florida Bankers Realty, Inc.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2417,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:PALM GROVE,Tax Annual Amount:9582,Unparsed Address:2358 SW 18th St, Miami FL 33145,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:2711,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:368.8672,Original List Price:999999,Public Survey Range:41,Documents Available:1:Rent Rolls,2:Existing Survey,I D X Participation Y N:1,Syndication Remarks:Ideal 4Plex income producing property at a discount for a new buyer to come and finish the renovations once plans are approved by City of Miami. 4 units are - 2 are 2/1, 1 is 3/1 and last unit is 1/1. 2 units have central air and other two have wall units. Plans are submitted to City (see attachments) to put few impact windows, upgrade parking lot with 8 parking spaces, 2 water heater has been moved inside therefore needs electric and plumbing permits (plans reflect this change). Building has new roof with permits. Until all the work is completed and finalized, only then will the unsafe hold be removed. Seller financing is available at 50 percent down for interest rate of 8 % for 2 years with no prepayment penalty. Seller will pay for title policy and chose the title company to close.,Listing Contract Date:2024-05-12,Originating System I D:miamire,Public Survey Section:10,Showing Instructions:Call Listing Agent,Street Number Numeric:2358,Tax Legal Description:PALM GROVE PB 14-66 LOT 54 & E8FT OF LOT 55 LOT SIZE 58.000 X 132 OR 20639-0417 08 2002 1 COC 26280-4169 03 2008 5,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2.5%,M I A M I R E_ Adjusted Area S F:2386,M I A M I R E_ Internet Remarks:Ideal location with income generating the day you close on the property.,Contract Status Change Date:2024-05-12,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:368.87,

  • Price $999,999.00
  • Price Change: 2024-05-12
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1926
  • Waterfront
  • View
  • Pool Yes
  • Style Detached
  • Construction CBS Construction
  • Parking Description
  • Flooring Type Ceramic Floor
  • Property Type Residential Income
  • Status Active
  • Listed 2024-05-12
  • Days on Market 15
  • Furnished
  • City Miami
  • Zip 33145
  • State Florida
  • Subdivision
  • Development Name PALM GROVE
  • HOA Fees
  • Taxes 9582
  • Taxes Year 2023