$740,000
SOLD JAN 7, 2025

2551 SW 18th St Miami, FL 33145

Coral Way Neighborhood
-- Bed
-- Bath
1,400 Sq Ft
7,187 Sq Ft Lot

Recently Sold

$529 Per Sq Ft

3% Below List Price

7 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of January 2025

Investors, This is an income producing duplex! Recently Updated, units feature impact windows & doors, new Kitchens and appliances, central A/C. Strong concrete slab foundation (no crawl space). Each unit has 2 parking spaces + 1 guest. Nice Backyard, very well maintained plus a storage shed space for each unit. Centrally located in a highly sought-after area within walking distance to Coral Gables, near UM, Brickell, Downtown and the Miami Beaches.This is a quiet neighborhood. Units have great potential for a higher income.

Last Agent to Sell the Property

Dora Tano

BrokerNation Real Estate License #3103527 Listed on: 10/28/2024

BrokerNation Real Estate

Last Buyer's Agent

Margarita Elordi

Core International Realty License #0701472

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,553

Year Built

  • Built in 1952

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Grapeland Condos
  • Grapeland Subdivision

Listing and Financial Details

  • Rent includes gardener, trash collection
  • Assessor Parcel Number 01-41-10-002-3180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,553

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: Please use google maps.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: GRAPELAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 1400
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRAPELAND
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-10-002-3180
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7553

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Mendez Rene
Bought by
Mendez Rene
Current Estimated Value
$814,176

Purchase Details

Closed on
Oct 13, 2010
Sold by
Mendez Rene and Mendez Yolande
Bought by
Mendez Rene
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $241,530 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2025 01/07/25 Sold $740,000 -2.6% $529 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $760,000 -- $543 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $8,062 $299,588 -- --
2024 $7,553 $272,353 -- --
2023 $7,553 $247,594 $0 $0
2022 $6,560 $223,540 $0 $0
2021 $6,061 $203,219 $0 $0
2020 $5,826 $343,497 $266,169 $77,328
2019 $5,294 $300,701 $223,373 $77,328
2018 $4,656 $256,308 $176,402 $79,906
2017 $4,261 $138,802 $0 $0
2016 $3,984 $126,184 $0 $0
2015 $3,366 $114,713 $0 $0
2014 $3,252 $104,285 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dora Tano

    Seller's Agent in 2025

    Dora Tano

    BrokerNation Real Estate

    (305) 205-3861

    1 in this area

    14 Total Sales

    Dora Tano
    Section Image
  • Margarita Elordi

    Buyer's Agent in 2025

    Margarita Elordi

    Core International Realty

    (305) 774-0100

    3 in this area

    30 Total Sales

    Margarita Elordi
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11682728

MIAMI REALTORS® MLS

APN: 01-4110-002-3180

Florida Miami/Dade County Miami 33145 Coral Way

2551 SW 18th St, Miami, FL

This home is located at 2551 SW 18th St, Miami, FL 33145 and is currently priced at $740,000, approximately $528 per square foot. This property was built in 1952. 2551 SW 18th St is a home located in Miami-Dade County with nearby schools including Shenandoah Elementary School, Shenandoah Middle School, and Miami 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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