Income/MultiFamily in Miami

$5,750,000

Brickellsold Estimate* (fallback: list price)$5,750,000 (list price)

Listing courtesy of MSP Group, LLC; Demosthenes Mekras. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedrooms

n/a

bathrooms

n/a

Square Footage

n/a

Type of Property

Income/MultiFamily, Commercial Sale

Details

Overview

Sub Type
Income/MultiFamily
Built In
2025
Taxes
$11,433/yr

Description

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 living 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. Interiors feature new white shaker cabinetry, quartz countertops, stainless steel appliance packages, wood-style vinyl plank flooring, full bathtubs, and spacious walk-in closets. Floor-to-ceiling glass sliding doors open to private balconies, filling each unit with natural light and giving the building a clean, contemporary presence on the street. Select units are served by central air conditioning, with the balance on efficient mini-split systems. The property is individually metered for water, allowing ownership more managerial flexibility. While the building does not have an elevator, it 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.

This income/multifamily home located at 1620 NW 18th St, Miami FL 33125 is currently for sale and it is a new listing on Brickellsold listed today. This property is listed at $6M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 2025. 1620 NW 18th St, Miami FL 33125 is in Miami county Miami-Dade County.

Interior

Features
  • Flooring:
  • Common walls with other units/homes:
Heating
Cooling
Appliances
Total structure area
14,879

Property

Parking
  • Parking Features:
Parcel Number
01-31-35-005-2340
Features
  • Entry location:
  • Exterior Features:
  • View Description:

Construction

Property subtype
Income/MultiFamily, Commercial Sale
Materials
Concrete Block Construction
Condition
  • Year Built: 2025

Community & HOA

Community
  • Security Features:
HOA
  • Amenities:
Region
Miami

Financial

Taxes
$11,433/yr
On Market Date
9/20/2026
Listing Terms

Metadata

Added
9/21/2026
Updated
9/21/2026
MLS#
A12092840
Listed By
MSP Group, LLC
Originating MLS
A-Miami Association of REALTORS

Map

Price History

EventPriceDate
Original list price$5,750,000Sep 21, 2026

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