Offers are due by 5:00pm EST on Friday, February 20th. Ocean 18 Lofts is a three-story, 18-unit multifamily property originally constructed in 1926 and extensively renovated in 2023. The building is of concrete block construction with a painted stucco exterior and flat roof. The property contains approximately 11,437 square feet of gross building area and 10,625 square feet of gross leasable area, situated on a 9,375-square-foot lot, according to the Miami-Dade County Property Appraiser. The unit mix consists of eleven (11) studio apartments, four (4) one-bedroom/one-bathroom units, and three (3) one-bedroom/one-bathroom units + Den. Units feature wall air conditioning units, updated interiors, and modern finishes, with on-site laundry available for tenant convenience. Utilities include city water and sewer paid by ownership, while electric service is individually metered and paid by tenants.