245 18th St

Miami Beach, FL 33139

$375,000

$444/ft²

1Beds

1Baths

845Sq ft

1970Year built

CondoType

About this home

Location, Location, Location!!! This very spacious remodeled one bedroom is located in one of the best SOBE (South Beach) areas: walking minutes to the Ocean and Beach, Convention Center/Art Basel, New World Symphony, Faena District & Lincoln Rd. This large sunlit condo features the luxury of 2 (two!) sunny balconies perfect for your morning coffee, entertaining your guests & enjoying beautiful sunrises. Great practical layout, European style separate kitchen/dinning area and plenty of closet space are all big pluses. The remodeled unit features hurricane proof windows and comes with one gated parking space. The safe boutique building featuring a brand new gym is currently undergoing the 40/50 year certification of which more than two thirds has been completed. The seller will be paying the current special assessment in full at closing. The whole project is scheduled to be finalized by the end of the year. The surrounding neighborhood is undergoing over $2 billion in luxury residential, hospitality, retail, and infrastructure investment, further increasing the medium and long-term value of this beautiful area. For the location and quality this is the best priced unit in the building! Easy to show by appointment; call/text agent! This gem will not last too long!!

Property details

Listing

MLS #: A12008268
Status: For sale
Listed on: Apr 27, 2026
Days on market: 105 days
Listing data updated: Aug 5, 2026

Interior

Beds: 1
Baths: 1
Living area: 845 ft²
Price per ft²: $444/ft²
Unit: 605

Building & community

Type: Condo
Year built: 1970
HOA fee: $623/mo
County: Miami-Dade

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,896
Property taxes (est.): $344
Home insurance (est.): $317
Flood insurance (est.): —
HOA fee: $623

Estimated total$3,180*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?