16204 NE 18th Ct, North Miami Beach FL 33162

For sale Days on market 326

FULFORD HEIGHTS [ Duplex ]

$633,000

$460/sq ft

$16,000
Price Decreased

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Overview

Year Built

1952

Sqft

1375

Property Type

Duplex

Property Description

INVESTOR ALERT: THE RED TAPE HAS BEEN CUT! $700K+ EQUITY UPSIDE! This high-frontage duplex is back on the market and better than ever. While administrative hurdles and City permit delays held this property longer than necessary—causing three previous solid offers to stall—those obstacles are officially GONE. The City has APPROVED the architectural plans and drawings, and the $23,000 Sewer Connection is PAID & COMPLETED. We have done the heavy lifting so you don’t have to! Featuring two 2BR/1BA mirror-image units on an oversized lot, this is a premier "value-add" play. Market comps and recent appraisals support a valuation approaching $700,000+ once the final minor sign-offs are captured. Perfectly located near Oleta River State Park, Sunny Isles Beach, and Aventura Mall, this is a goldmine for long-term rentals or a high-yield Airbnb play. The Seller is highly motivated and looking for a FIRM, FAST-ACTION OFFER. Preferred terms: 30-day close and 5-7-day inspection. FOR YOU CASH BUYERS: Seller may consider a closing cost contribution for a seamless, no-contingency deal. Proof of funds/Pre-approval required with all AS-IS offers. The major costs are covered, and the path is clear—secure this turnkey equity opportunity before it’s gone! Easy to RENT owner currently chooses not to rent to let buyer choose the tenant or direction of income stream via annual or short-term rentals.

Property Details

MLS#

A11799039

Total Floor in Bldg

Building

FULFORD HEIGHTS

Address

16204 18th Ct NE

City

North Miami Beach

State/county

Zip/Postal Code

33162

Area

Fulford Heights

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,516

Maint Fee

$--

Tax Year

2024

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