245 18th St
Miami Beach, FL 33139
$337,000
$399/ft²
About this home
This 12-story high-rise building offers 50 condominium units. The location provides easy access to the Atlantic Ocean and boasts views of the ocean, skyline, and gardens. It sits in a vibrant area with lots to explore. The building was completed in 1970 and features units ranging from 655 to 950 square feet. The layout includes 1 and 2-bedroom options, catering to a variety of living needs. Current unit prices range from $400,000 to $427,500, making it an appealing choice for potential buyers. Assigned parking spaces are available for residents. Amenities enhance daily living with facilities like a clubhouse, community room, and laundry services. A bike and jog path offers outdoor activity options, while quick access to elevators makes moving within the building seamless. Many units come with two large balconies, adding extra space for relaxation. Nearby, a selection of restaurants like CHI Seafood LLC and Moreno's Cuba provide dining options. La Playa Market 2 serves as a convenient spot for grocery shopping. South Beach invites residents to enjoy its lively atmosphere along with cultural attractions like the New World Symphony and the Faena District. The building is currently completing a 40/50-year certification, ensuring it remains safe and well-maintained. Plans for a new gym add to its appeal, and hurricane-proof windows offer peace of mind in stormy weather.
Property details
Listing
- MLS #
- A12048971
- Status
- For sale
- Listed on
- Jul 6, 2026
- Days on market
- 34 days
- Listing data updated
- Jul 31, 2026
Interior
- Beds
- 1
- Baths
- 1
- Living area
- 845 ft²
- Price per ft²
- $399/ft²
- Unit
- 305
Building & community
- Type
- Condo
- Year built
- 1970
- HOA fee
- $474/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)
- $1,704
- Property taxes (est.)
- $309
- Home insurance (est.)
- $317
- Flood insurance (est.)
- —
- HOA fee
- $474
Estimated total$2,804*/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 foundWe 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?
Location
Mortgage calculator
$1,704/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of Premier Elite Realty Inc..
Michael Petrevski · 305-748-5472 · michael@buyleasemiami.com · 305-531-8628
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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