AAtlantic Commercial AdvisorsKW Commercial · South Florida
1620 NW 18th St
For SaleMLSIncome/MultiFamily

1620 NW 18th St, Miami, FL

$5.75M
Demosthenes Mekras · MSP Group, LLC · Listed via MIAMI Commercial MLS

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 facts

Sqft
14,879
Year Built
2025
Location
Miami, FL 33125
County
Miami-Dade County
Florida risk
FEMA flood zone
Zone AE, special flood hazard area
Base flood elevation
9 ft (NGVD29)
Ground elevation
4.1 ft
Hurricane evacuation zone
Zone B
Distance to the coast
2.2 mi

Sources: FEMA National Flood Hazard Layer (panel 12086C0311L, effective 2009-09-11), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-02. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.

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