NOT LISTED FOR SALE

2471 NW 18th Terrace Miami, FL 33125

Allapattah Neighborhood

Estimated Value: $832,000 - $1,106,000

6 Beds
4 Baths
2,804 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $775,000 $276 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,135/month

21 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Balcony
  • Open Patio
  • Fruit Trees
  • Hurricane or Storm Shutters
  • 3-minute walk to Gerry Curtis Park

About This Home

As of May 2023

Miami: Looking for a Duplex (3/2 & 3/2) that has great potential to generate high positive cash flow? Look no further! Built in 2004 & located only minutes to Wynwood, Little Havana, Midtown Miami, Downtown Miami, Design District, Edgewater, Airport, and much more. This property is located perfectly for those looking to run Airbnb in the heart of Miami or for those investors looking for long term renters. 3/2's in this area rent as high as $3,000 per month & are always in high demand. Each unit is a 3 bedroom/ 2 bathroom, each have more than 1,400 SQFT and have their owner washer/ dryer. Property comes with hurricane shutters for protection. Extra storage shed in the backyard for convenience. Ample parking space, fits up to 8 cars. Interior condition of both units are in great shape.

Last Agent to Sell the Property

Kevin Mejia

Keller Williams Realty Consultants License #3378230 Listed on: 03/31/2023

Keller Williams Realty Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,540

Year Built

  • Built in 2004

Lot Details

  • 70 Feet of Waterfront
  • Lake Front
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • River Front
  • Fenced
  • Sprinkler System
  • Fruit Trees

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,804 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Hurricane or Storm Shutters

Outdoor Features

  • Balcony
  • Open Patio
  • Shed

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Wm G Just Sub Subdivision

Listing and Financial Details

  • Total Actual Rent $44,400
  • Rent includes gardener, trash collection
  • Assessor Parcel Number 01-31-34-030-0110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,540

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Take the FL-9/NW 27th Ave exit, Merge onto FL-9/NW 27th Ave, Merge onto FL-9/NW 27th Ave, right onto NW 20th St, right onto NW 25th Ave, NW 25th Ave turns left and becomes NW 18th Terrace/NW N River Dr, Destination will be on the left
  • Year Built: 2004
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 2804.0
  • Window Features: Other

Exterior Features

  • Exterior Features: Balcony, Fence, Fruit Trees, Lighting, Patio, Shed, Storm/Security Shutters
  • Road Frontage Type: Waterfront
  • Lot Features: Flood Zone, Sprinkler System, < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: Bay Front, Intracoastal Access, Lake Front, Other, River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Trash Collection
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 01-31-34-030-0110
  • Zoning Description: 5700

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10540.0

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 44400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 3, 2023
Sold by
Zhang Fu Zhen
Bought by
Ramos Ynaru De Jesus Pet
Seller's Agent
Kevin Mejia
Keller Williams Realty Consultants
List Price
$775,000
Sold Price
$775,000
Views
165
Current Estimated Value
$924,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,006
Avg. Annual Appreciation
10.01%
Original Mortgage
$726,495
Outstanding Balance
$706,675
Interest Rate
6.28%
Mortgage Type
FHA
Estimated Equity
$260,414

Purchase Details

Closed on
Dec 10, 2012
Sold by
Li Sheng Zhong
Bought by
Zhang Fu Zhen

Purchase Details

Closed on
Aug 24, 2009
Sold by
Zhang Fu Zhen
Bought by
Li Sheng Zhong

Purchase Details

Closed on
Jun 28, 2006
Sold by
Zhang Fu Zhen and Pan Mei Ling
Bought by
Zhang Fu Zhen

Purchase Details

Closed on
Mar 8, 2005
Sold by
Zhang Fu Zhen
Bought by
Zhang Fu Zhen and Pan Mei Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ramos Ynaru De Jesus Pet $775,000 Unlimited Title Group
Zhang Fu Zhen $70,000 None Available
Li Sheng Zhong -- None Available
Zhang Fu Zhen -- Attorney
Zhang Fu Zhen -- --
Zhang Fu Zhen $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Ynaru De Jesus Pet $726,495
Previous Owner Zhang Fu Zhen $300,000
Previous Owner Zhang Fu Zhen $170,000
Previous Owner Zhang Fu Zhen $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $775,000 0.0% $276 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $775,000 -- $276 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,684 $688,690 $276,360 $412,330
2024 $12,175 $645,121 $227,997 $417,124
2023 $12,175 $550,325 $0 $0
2022 $10,541 $509,187 $0 $0
2021 $10,156 $442,253 $165,816 $276,437
2020 $9,587 $414,454 $134,726 $279,728
2019 $9,382 $403,927 $120,908 $283,019
2018 $7,790 $377,600 $120,908 $256,692
2017 $7,312 $308,443 $0 $0
2016 $5,452 $253,367 $0 $0
2015 $5,283 $239,936 $0 $0
2014 $4,986 $227,546 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Mejia

    Seller's Agent in 2023

    Kevin Mejia

    Keller Williams Realty Consultants

    (954) 294-3088

    1 in this area

    130 Total Sales

    Kevin Mejia
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10372971

BeachesMLS (Greater Fort Lauderdale)

APN: 01-3134-030-0110

Florida Miami/Dade County Miami 33125 Allapattah

2471 NW 18th Terrace, Miami, FL

This home is located at 2471 NW 18th Terrace, Miami, FL 33125 since 31 March 2023 and is currently estimated at $924,006, approximately $329 per square foot. This property was built in 2004. 2471 NW 18th Terrace is a home located in Miami-Dade County with nearby schools including Comstock Elementary School, Brownsville Middle School, and Miami Jackson Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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