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Condominium
$410,000$333 / sqft
11860 SW 18th Terr # 103, Miami FL 33175
Listed
3
Bedrooms
3
Bathrooms
1,232 sqft
Interior
1987
Year built
$344 / mo
HOA
Condominium
Type
About this home
MOTIVATED SELLER! Beautiful and well-maintained townhouse offering 3 bedrooms and 3 bathrooms. The first floor features one bedroom and a full bathroom, providing flexibility for guests, office space, or multi-use needs. On the second floor, you will find the primary suite with its own private bathroom, along with a second bedroom and an additional fully remodeled bathroom. The community association is currently planning exterior painting for all units and full roof replacement, adding long-term value and improvements to the community. Conveniently located just minutes from Florida International University (FIU) with easy access to the 826 Expressway. The property is close to shopping centers, restaurants, schools, and major retail options, offering a central and highly accessible location within West Miami-Dade. Excellent opportunity for first-time homebuyers, offering a competitive price point and one of the lowest association fees in the area. A great option for end users or investors seeking value and location.
Features
- Second Floor Entry
- Open Balcony
- None
Leasing
- Minimum lease
- Not stated
- Leases permitted per year
- 1
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$11,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.