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Single Family Residence
$849,999$431 / sqft
120 NW 18th Ave, Miami FL 33125
Listed
4
Bedrooms
3
Bathrooms
1,970 sqft
Interior
1940
Year built
None
HOA
Single Family Residence
Type
About this home
Excellent opportunity for an investor or buyer with vision! Centrally located property currently generating approximately $7,050/month in rental income. Public records reflect a 4-bedroom, 3-bath single-family residence. The property is currently configured with a 3/1 main living area plus additional separately rented spaces within the existing structure. Spacious 6,615 SF lot with T3-O zoning offers attractive investment and value-add potential. Property sold AS-IS. Buyer/Buyer's Agent to independently verify zoning, permitted uses, current configuration, rental information, permits and any future development possibilities. Please do not disturb occupants. Showings by appointment only.
Features
- First Floor Entry
- Other
- Fruit Trees
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$4,298
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $4,298
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.