Joe Karl - Vermont Properties Team
Price Reduced 3.70%
Price History
$649,000
5/16/2025
$633,000
12/3/2025
$625,000
5/13/2026
16204 NE 18th Ct, North Miami Beach, FL, 33162
1952
1,375 sqft
THE RED TAPE HAS BEEN CUT. This high-frontage duplex is officially ready after long administrative hurdles. We have done the heavy lifting so you don’t have to: the City has approved the architectural plans, and the $23,000 Sewer Connection is already paid and completed. Featuring two 2BR/1BA mirror-image units on an oversized lot, this is a premier value-add play with recent appraisals supporting a valuation significantly above asking price. Perfectly located near Oleta River State Park, Sunny Isles Beach, and Aventura Mall, this property is a goldmine for premium long-term rentals or a high-yield Airbnb strategy. The Seller is highly motivated and offering a MASSIVE INCENTIVE for a fast-action buyer ready to close within 30 days. We are seeking a firm 5–7 day inspection period; Cash buyers are preferred, though buyers with a proven lender capable of meeting the 30-day deadline are welcome. The Seller will consider a substantial closing cost contribution for a clean, no-contingency deal. Delivered vacant, allowing you to set your own market rents or income stream immediately. Proof of funds or pre-approval is required with all AS-IS offers. The path is clear, the major costs are covered, and the equity upside is massive—secure this turnkey opportunity to purchase well below market value before it’s gone! Perfect for Family and Inlaw to live all in the same property at a great value.
Status:
Active
Type:
Multi-family
Zoning:
3800
Subdivision:
FULFORD HEIGHTS
Heating:
Electric, Wall Furnace
Cooling:
Ceiling Fan(s), Wall/Window Unit(s)
Est. Taxes:
$7,516
Construction
Block
Utilities
Cable Available
Lot Description:
1/4 to 1/2 Acre Lot
Days on Market:
362
Pool:
None
MLS #:
A11799039
Community Info
School Info
Walk Score
Yelp
Listing courtesy of Sapphire Luxury Properties 954-303-1082