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1838 NW 18th St, Miami FL 33125 — photo 11 / 22
7.7% reduced

1838 NW 18th St, Miami FL 33125

Miami, FL

List Price

$715,000

Type

Duplex

Price / SqFt

$376/sqft

Price reduction

7.7% below original list — was $775,000

Tenant-occupied

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.

Property Information

Square Feet
1,904
Units
1
Days on Market
549
Status
active

Location

County
Miami-Dade County
Zip Code
33125
Coordinates
25.7916, -80.2262

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.

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Property: 1838 NW 18th St, Miami FL 33125

Price: $715,000

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Why this deal

  • 7.7% off original list price
  • Value-add opportunity
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

38/100

Thin

How this
is scored →
Estimated equity40%

~-31% estimated equity to comp-based ARV (full marks at 30%+). Estimate — verify comps + rehab.

Discount depth20%

7.7% off original list (full marks at 25%+).

Days on market20%

549 days on market (full marks at 120+ — more time = more leverage).

Seller-motivation signals20%

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

Doverall

Risks

  • Negative estimated equity — buying above estimated ARV, verify comps
  • Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
  • thin equity — lender-unfriendly LTV (≈ 108% of ARV)

What a super-investor sees

Investor

F

Investor equity estimate based on ARV from closed MLS comps minus list price and estima…

  • Negative estimated equity — buying above estimated ARV, verify comps

What a bank sees

Lender / financing

D

Lender financeability estimate based on list price, ARV, and condition signals. Not a f…

  • thin equity — lender-unfriendly LTV (≈ 108% of ARV)

What an insurer sees

Insurance / 4-point

C

insurability v1. Miami-Dade is entirely within the HVHZ (High-Velocity Hurricane Zone) …

  • Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost

What a GC / AHJ sees

Permits / condition

B

Permit data from Miami-Dade public records; may lag; verify open permits with the AHJ. …

4-point — last permit

  • Roofnone
  • Electricalnone
  • Plumbingnone
  • HVACnone

Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.

Deal calculator

Value-add 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

$662,000 after-repair value

5 recent closed sales nearby · high confidence · range $555,000–$750,000

Closed saleClose $$/sqftDate
1790 NW 19th St, Miami FL 331250.1 mi$659,000$3902026-06-12
1538 NW 15th Avenue, Miami FL 331250.4 mi$595,500$2982026-06-17
1842 NW 18th Ter, Miami FL 331250.0 mi$400,000$1782025-11-10
791 NW 22nd Pl, Miami FL 331250.8 mi$670,000$3942026-06-01
1801 NW 5th St, Miami FL 33125renovated0.9 mi$700,000$3412026-05-01

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