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Income/MultiFamily · Commercial Sale

1620 NW 18th St, Miami FL 33125

Miami, FL, 33125

$5,750,000

Presented by Parvani Commercial Group, Inc.

1620 NW 18th St, Miami FL 33125
1620 NW 18th St, Miami FL 33125
1620 NW 18th St, Miami FL 33125
1620 NW 18th St, Miami FL 33125
1620 NW 18th St, Miami FL 33125
1620 NW 18th St, Miami FL 33125
1620 NW 18th St, Miami FL 33125
1620 NW 18th St, Miami FL 33125

About This Property

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 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 such as new white shaker cabinetry, quartz countertops, stainless steel appliance packages, wood-style vinyl plank flooring, full bathtubs, and spacious walk-in closets in select units. In the corner units, floor-to-ceiling glass sliding doors open to private balconies, filling the space with natural light and giving the building a clean, contemporary presence. Select units are served by central air conditioning, with the balance served by efficient mini-split systems. The property is individually metered for electric and 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.

Property Details

Property Type
Income/MultiFamily
Status
Active
MLS #
A12092840
Building Area
14,879 SF
Lot Size
7,150 SF
Year Built
2025
Zoning
4601
Days on Market
9
Price
$5,750,000
1620 NW 18th St, Miami FL 33125 — Parvani Commercial Group