1 / 22Miami, FL
List Price
$715,000
Type
Duplex
Price / SqFt
$376/sqft
Price reduction
7.7% below original list — was $775,000
Est. equity
-31%
Comp ARV
$662,000
Max offer
$400,277
Occupancy
tenant
From the listing
GOOD INVESTMENT PROPERTY IN THE CITY OF MIAMI. FRONT UNIT IS 2 BEDROOMS 1 BATH RENTED FOR $2500 MONTH TO MONTH and REAR UNIT IS 3 BEDROOMS 1 BATHRENTED FOR $2800 MONTH TO MONTH. REAR A/C AND WATER HEATER IS A YEAR OLD. FENCED PROPERTY WITH BIG BACK YARD AND TWO LARGE SHEDS.
Represented by Academia
Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.
Private inquiry
Tell us a little and a licensed broker will follow up about this property.
Why this deal
Deal Score
38/100
Thin
~-31% estimated equity to comp-based ARV (full marks at 30%+). Estimate — verify comps + rehab.
7.7% off original list (full marks at 25%+).
549 days on market (full marks at 120+ — more time = more leverage).
Soft motivation language (value-add, motivated, tenant-occupied, cash-only).
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.
Deal scorecard
How four stakeholders read this deal
Risks
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
What an insurer sees
Insurance / 4-point
insurability v1. Miami-Dade is entirely within the HVHZ (High-Velocity Hurricane Zone) …
What a GC / AHJ sees
Permits / condition
Permit data from Miami-Dade public records; may lag; verify open permits with the AHJ. …
4-point — last permit
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.
Deal calculator
1838 NW 18th St, Miami FL 33125, Miami, FL
Comp-based ARV — 8 closed comp(s), high confidence.
Recommended max offer
$397,400
Room vs list (above list)
$317,600
Est. equity
-$204,390
-31% of ARV, at list
ROC at list
-24%
Est. all-in at list
$866,390
list + rehab + txn + carry
70% rule MAO
$397,400
Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.
The comps behind the ARV
5 recent closed sales nearby · high confidence · range $555,000–$750,000
| Closed sale | Close $ | $/sqft | Date |
|---|---|---|---|
| 1790 NW 19th St, Miami FL 331250.1 mi | $659,000 | $390 | 2026-06-12 |
| 1538 NW 15th Avenue, Miami FL 331250.4 mi | $595,500 | $298 | 2026-06-17 |
| 1842 NW 18th Ter, Miami FL 331250.0 mi | $400,000 | $178 | 2025-11-10 |
| 791 NW 22nd Pl, Miami FL 331250.8 mi | $670,000 | $394 | 2026-06-01 |
| 1801 NW 5th St, Miami FL 33125renovated0.9 mi | $700,000 | $341 | 2026-05-01 |
Comparable data, not an appraisal. ARV is the median closed $/sqft of these comps applied to this home's size. Verify condition, location, and adjustments independently.
One Academia. Academia Development Corp and Academia Real Estate Corp are divisions of The Academia Group.
Florida Licensed · Real Estate Broker BK3384781 · verify at myfloridalicense.com