Basic Information

  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Fulford Heights
  • Year Built 1952
  • Total Sqft 1,375
  • Date Listed 05/16/2025
  • Days on Market 303
Description

SELLER OFFERING $5,000 TOWARD BUYER CLOSING COSTS FOR A FIRM, FAST-ACTION OFFER! This modern duplex is a premier "value-add" equity opportunity with 70% of the heavy lifting already completed. Featuring matching 2BR/1BA mirror-image units with updated interiors on an oversized lot, this property is perfectly positioned for high-end long-term rentals, a lucrative resale, or a high-yield vacation rental/Airbnb play given its proximity to Oleta River State Park, Sunny Isles Beach, and Aventura Mall. The seller has already invested significantly: the $26,000 City Sewer connection is PAID and COMPLETED, and professional architectural drawings for the After-the-Fact permits have been PAID and SUBMITTED to the City. Recent appraisal supports the value, with market comps suggesting a valuation approaching $700k once permits are finalized. Prior inspection reports are available for review, confirming the property’s overall solid condition. The City is actively assisting with the process, and the seller is highly motivated to move, seeking a savvy buyer or contractor to take this across the finish line. All serious offers considered; 30-day close preferred. Proof of funds required with all AS-IS offers. Don't miss this chance to acquire a high-frontage gem where the major costs are covered—finish the final 30% and capture the massive equity upside!

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description

Interior Features

  • Adjusted Sqft 1,375Sq.Ft
  • Sqft 1,375 Sq.Ft

Property Features

  • Aprox. Lot Size 1,375
  • Furnished Info No
  • Lot Description Quarter To Half Acre Lot
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Fulford Heights
  • Tax Amount $7,516
  • Tax Year 2024

16204 NE 18th Ct

North Miami Beach, FL 33162

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Sapphire Luxury Properties. tel: 954-303-1082

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