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$ 5,750,000
Est. payment /mo
New
1620 NW 18th St Miami, FL 33125
14,879 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 14,879 sqft
Price per Sqft $386
MLS Listing ID A12092840
HOA Y/N No
Year Built 2025
Annual Tax Amount $11,433
Tax Year 2025
Lot Size 7,150 Sqft
Property Sub-Type Multi Family
Property Description
Presenting The Lola Apartments, a 2025-built multifamily asset offering 20 units across three stories on a 7,150 square foot (0.16 acre) lot. The building totals 14,879 gross square feet with 10,246 square feet of net rentable living space, and features a well-balanced unit mix: (5) studios at 410 square feet, (4) one-bedroom/one-bath units at 410 square feet, (5) one-bedroom/one-bath units at 531 square feet, and (6) two-bedroom/one-bath units at 650 square feet.
Every unit has been outfitted with modern touches. Interiors feature new white shaker cabinetry, quartz countertops, stainless steel appliance packages, wood-style vinyl plank flooring, full bathtubs, and spacious walk-in closets. Floor-to-ceiling glass sliding doors open to private balconies, filling each unit with natural light and giving the building a clean, contemporary presence on the street. Select units are served by central air conditioning, with the balance on efficient mini-split systems.
The property is individually metered for water, allowing ownership more managerial flexibility. While the building does not have an elevator, it is fully handicap accessible via a wheelchair lift, expanding the tenant pool and satisfying accessibility requirements.
Connectivity is a defining strength of the location. The Dolphin Expressway is less than a mile away and I-95 is under two miles, giving residents of The Lola immediate proximity to highways that access all of Miami-Dade and Broward counties.
Every unit has been outfitted with modern touches. Interiors feature new white shaker cabinetry, quartz countertops, stainless steel appliance packages, wood-style vinyl plank flooring, full bathtubs, and spacious walk-in closets. Floor-to-ceiling glass sliding doors open to private balconies, filling each unit with natural light and giving the building a clean, contemporary presence on the street. Select units are served by central air conditioning, with the balance on efficient mini-split systems.
The property is individually metered for water, allowing ownership more managerial flexibility. While the building does not have an elevator, it is fully handicap accessible via a wheelchair lift, expanding the tenant pool and satisfying accessibility requirements.
Connectivity is a defining strength of the location. The Dolphin Expressway is less than a mile away and I-95 is under two miles, giving residents of The Lola immediate proximity to highways that access all of Miami-Dade and Broward counties.
Location
State FL
County Miami-dade
Area 31
Zoning 4601
Interior
Window Features Impact Glass
Exterior
Private Pool Yes
Building
Story 3
Structure Type Block
Others
Tax ID 01-31-35-005-2340
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12092840
Listed by MSP Group, LLC
NEARBY SCHOOL & BUSINESS