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Condominium
$225,000$368 / sqft
2465 SW 18th Avenue # 3208, Miami FL 33145
Listed
1
Bedrooms
1
Bathrooms
611 sqft
Interior
1971
Year built
$440 / mo
HOA
Condominium
Type
About this home
Enjoy a charming community with peaceful garden views & quiet surroundings. This 1-bedroom, 1-bath unit is located in the highly desirable, gated community of Grove Gardens, just off of US1. Perfectly situated minutes from Downtown, Brickell, Coconut Grove, & Coral Gables. The unit features brand-new vinyl acoustic flooring, an updated bathroom & kitchen with all-new appliances, & a spacious wall-to-wall closet in the main bedroom. Includes one dedicated parking space with ample guest parking. The community offers a beautiful pool to relax with family & friends. Whether you’re looking for a new home or a great investment opportunity, this one is not to be missed!
Features
- Second Floor Entry
- Other
- Courtyard
- Open Balcony
- Garden View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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 1-bed rentals in Coconut Grove, from 32 active listings; the middle half ask $2,250–$4,000.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.