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Single Family Residence
$750,000$631 / sqft
2347 SW 18th St, Miami FL 33145
Listed
3
Bedrooms
2
Bathrooms
1,188 sqft
Interior
1938
Year built
None
HOA
Single Family Residence
Type
About this home
PRIME MIAMI INVESTMENT OPPORTUNITY! Located in the desirable Shenandoah neighborhood, this 3-bedroom, 2-bathroom home sits on a 6,550 SF lot offering excellent potential for investors, builders, and buyers looking to renovate or build their dream home. Situated in an established neighborhood experiencing exciting redevelopment, with older homes being transformed into impressive new construction. The property features southern front exposure, a fully fenced front yard with gated driveway, a spacious covered patio, outdoor BBQ area, and an expansive tiled backyard surrounded by lush tropical landscaping offering privacy and plenty of room for entertaining. Conveniently located near Coral Gables, Coconut Grove, Brickell, and Downtown Miami. Whether you're looking to renovate, invest, or explore new construction possibilities, this property offers location, land, and potential. BRING YOUR VISION! Buyer to verify zoning, permitted uses, and redevelopment possibilities with the City of Miami.
Features
- First Floor Entry
- Studio Apartment
- Garden
- Other
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$3,792
Loan payment and HOA only. Property tax and insurance are significant here and are included.
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,100.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.