**Investment Opportunity!** This 3-bedroom, 2-bath home is located in the heart of Little Havana, just blocks from Miami Marlins Stadium and minutes away from the Miami Art District, Brickell, and the beaches. Currently configured as a 2-bedroom, 1-bath unit, and a 1-bedroom, 1-bath unit, it can be easily converted back into a single-family home. This property is ideal for small families or investors and requires minimal interior renovations. The home features both a front yard and a backyard, providing outdoor entertainment areas for tenants. Additionally, the driveway is spacious enough to accommodate a boat or RV.
Property Details
Property Features
Property Information:
Architectural Style: One Story
Year Built: 1932
Stories: 1
Living Area: 1,092 SqFt
Listing Office:
Office Name: Compass Florida, LLC
Office Phone: (786) 338-1750
Listing Agent: William Abreu
Interior Features
Interior Information:
Appliances: Electric Range, Microwave, Other, Refrigerator
Flooring Type: Tile
Interior: Bedroom on Main Level, Family/Dining Room, First Floor Entry, Kitchen/Dining Combo, Living/Dining Room, Pantry, Separate Shower, Workshop
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,508
Per Month
Principal & Interest
$2,441
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,533
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Citrus Grove Elementary School
2121 NW 5th St
Distance between this listing and this school0.45 miles
Public District Grades PK-5
3
/10
Alpha Charter of Excellence
1217 SW 4th St
Distance between this listing and this school0.68 miles
Public Charter Grades KG-5
3
/10
Riverside Elementary School
1190 SW 2nd St
Distance between this listing and this school0.71 miles
Public District Grades PK-5
Nearby Schools
4
/10
Citrus Grove Middle School
2153 NW 3rd St
Distance between this listing and this school0.38 miles
Public District Grades 6-8
6
/10
Sports Leadership and Management (Slam) Charter Middle School
604 NW 12th Ave
Distance between this listing and this school0.72 miles
Public Charter Grades 6-8
3
/10
Mater Preparatory Academy
601 NW 12th Ave
Distance between this listing and this school0.74 miles
Public Charter Grades KG-8
Nearby Schools
10
/10
Young Womens Preparatory Academy
1150 SW 1st St
Distance between this listing and this school0.69 miles
Public Magnet Grades 6-12
7
/10
Sports Leadership of Miami Charter High School
604 NW 12th Ave
Distance between this listing and this school0.71 miles
Public Charter Grades 9-12
5
/10
Miami Senior High School
2450 SW 1st St
Distance between this listing and this school0.72 miles
The neighbors living near this home have an average income of $30,833. The majority of Miami, FL residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 71 NW 18th Ave
What is the listing price of this property?
The listing price of 71 NW 18th Ave property is $489,000.
What type of property is this?
The property 71 NW 18th Ave is a house located in Miami, Florida, 33125.
Is this property for sale now?
Active Listing: 71 NW 18th Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,754 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 71 NW 18th Ave has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 71 NW 18th Ave is 1,092 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 71 NW 18th Ave is 1932.
This home is located at 71 NW 18th Ave in Miami, FL and zip code 33125 in the Little Havana neighborhood. This 1,092 square foot home was built in 1932. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $489,000.
In October 2024, from all listings sold in Miami, FL there were more than 62 sold above asking price, over 507 sold below and more than 129 were sold right at the asked price. The inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased by 8.3%. In October 2024 median list price was $560,436 and the average listing age was 60 days.
From Rocket Homes Real Estate and based on county public records data.