5 months on rocket

1842 NW 18th Ter, Miami, FL, 33125

$494,999

Home List Price

$5,878*

Closing Credit

0 Baths
2,253 SqFt
$220/SqFt
Multi

Location

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1842 NW 18th Ter, Miami$494,999

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1925
HeatingCentral
CoolingCeiling Fan(s)
MLS #A11612570
StatusActive

About 1842 NW 18th Ter

Location, Location, Location! Great opportunity for investors or homeowners. Property has access by two streets 1842 NW 18th Terr and 1842 NW 18th St. Property is a 6 Bedroom 4 Bathrooms. In the front you have 3 units that are 1/1s and in the back you have a 3/1.Walking distance from the TimeLine of Miami Building, Miami River between River Cove Marina and Hurricane Cove Marina & Boatyard. Minutes from University of Miami Hospital, Jackson Memorial Hospital and Miami-Dade Attorney's Office. Property is being offered As-Is and all offers must be accompanied with a proof of funds. Please call Listing agent for appointments and more information.DO NOT DISTURB TENANTS. Rent is way below market value!

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 1
  • Living Area: 2,253 SqFt

Listing Office:

  • Office Name: Real Estate Sales Force
  • Office Phone: (305) 392-1497
  • Listing Agent: Keith Terrel

Interior Features

Interior Information:

  • Flooring Type: Wood

Virtual/3D Tour

  • Virtual Tour: 1842 NW 18th Ter
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $494,999
  • Price Per SqFt: $220/SqFt

Tax Information:

  • Annual Amount: $6,708
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

1842 NW 18th Ter vs Miami

176 DAYS ON ROCKET

+116 Days

$494,999

-$70.6K Less

$220/SqFt

-$172 Less

KEY TAKEAWAY

This property is $70.6K less than the Median Sold Price and $172/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11612570

Listing Office:

  • Office Name: Real Estate Sales Force
  • Office Phone: (305) 392-1497
  • Listing Agent: Keith Terrel

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,708$285,130
2018$5,850$184,070
2017$5,303$201,382

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4332716
4
/10

  • Comstock Elementary School

  • 2420 NW 18th Ave

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-4332717
6
/10

  • Maya Angelou Elementary School

  • 1850 NW 32nd St

  • 0.91 miles

  • Public District Grades PK-5

school-card-donut-4332718
4
/10

  • Citrus Grove Elementary School

  • 2121 NW 5th St

  • 0.98 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,114. Most Miami, FL residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33125›1842 NW 18th Ter

This home is located at 1842 NW 18th Ter in Miami, FL and zip code 33125 in the Civic Center neighborhood. This 2,253 square foot home was built in 1925. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $494,999.

In November 2024 more than 38 listings in Miami, FL were sold above the asking price. During the same period more than 112 listings were sold at asking price, while more than 445 were sold below. The number of homes for sale in Miami, FL increased by 6.7% between October 2024 and November 2024. In November 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $565,671.

From Rocket Homes Real Estate and based on county public records data.

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