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Condominium
$300,000$228 / sqft
11851 SW 18th St # 26, Miami FL 33175
Listed
3
Bedrooms
3
Bathrooms
1,313 sqft
Interior
1985
Year built
$283 / mo
HOA
Condominium
Type
About this home
An Opportunity You Don’t Want to Miss in Miami! Finding a 3-bedroom, 2.5-bath home at this price point, in this condition, and in such a convenient location is a rare opportunity. Whether you're a first-time homebuyer, growing household, or savvy investor, this property offers an excellent combination of value, space, and potential. Freshly painted and ready for its next owner, this home offers a comfortable layout, practical features, and plenty of potential to make it your own. The bedrooms provide ample space and a large closets for convenient storage. The kitchen features all essential appliances, and functional counter space. The bathrooms offer practical layouts, including a spacious walk-in shower with glass doors. Tile flooring throughout ensures durability and easy maintenance. Additional highlights include a half-covered carport with parking for two vehicles and a low association fee to help keep ownership costs manageable. Centrally located near Florida's Turnpike, schools, parks, and shopping, this property offers convenient access to everyday essentials and major roadways. Whether you're purchasing your first home, downsizing, or expanding your investment portfolio, this is an excellent opportunity with great potential. Enjoy the combination of affordability, convenience, and functionality. Don’t miss your chance to own a piece of Miami real estate at an attractive price. Opportunities like this deserve a closer look—schedule your showing today!
Features
- First Floor Entry
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$1,800
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 $2,900–$11,700.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.