18950 NE 2 AVE, Ives Estates, FL 33179
Parcel: 3021010000102 · Multifamily 10 Units Plus · Multifamily 3 Or More Units · Zoning: 3800
Assessed Value (2025)
$11,619,630
Property Details
Beds
150
Baths
94
Living Sqft
79,438
Year Built
1971
Lot Sqft
212,137
Stories
3
MULTIFAMILY 10 UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS
Sales History
1
$6,700,000
2006-11-01
2
$50,000,000+646%
2016-06-15
ANF MIAMI GARDENS LLC → COTTAGE COVE APARTMENTS LP
3
$90,000,000+80%
2021-12-13
COTTAGE COVE APARTMENTS LP → COTTAGE COVE OWNER LLC
Tax Assessment History
$11,619,630
Assessed (2025)
$13,457,228
Market Value
$11,619,630
Taxable Value
$236,566
Annual Tax
2024
$10,563,300
$13,735,600
2025
$11,619,630
$13,457,228
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $11,619,630 | $13,457,228 | $11,619,630 | $236,566 | $636,411 | $12,820,817 |
| 2024 | $10,563,300 | $13,735,600 | $10,563,300 | $215,060 | $585,498 | $13,150,102 |
About 18950 NE 2 AVE, Ives Estates, FL 33179
18950 NE 2 AVE, Ives Estates, FL 33179 is a 150-bedroom, 94-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1971 with 79,438 square feet of living space on a 212,137 square foot lot. The property is currently owned by COTTAGE COVE OWNER LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2021-12-13 for $90,000,000, when COTTAGE COVE APARTMENTS LP sold to COTTAGE COVE OWNER LLC. The property has appreciated $40,000,000 (80%) since the prior sale of $50,000,000 on 2016-06-15. There are 3 recorded sales for this property.
The 2025 assessed value is $11,619,630 with a market value of $13,457,228. This breaks down to $636,411 for the land and $12,820,817 for the building. The assessed value increased 10% from $10,563,300 in 2024.
The median household income in this area is $38,817, and the median home value is $268,300. The population density is 6,623 people per square mile. This property currently has 2 open code violations on record with miami_dade code enforcement.
Open violations can affect property value and may need to be resolved before a sale can close. 18950 NE 2 AVE, Ives Estates, FL 33179 is located in Ives Estates, Florida. Property records, tax assessments, sales history, and ownership information for this Ives Estates property are sourced from miami_dade County public records.
The complete ownership history of this property spans from 2006 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 13% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.
There is 1 active building permit on this property with a combined estimated cost of $15,000, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $1133 per square foot — a key metric for comparing value across Ives Estates's real estate market..
Building Permits (8)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2023049482 | building | A | $15,000 | ||
| C2023155243 | building | F | $18,900 | ||
| C2023155469 | building | F | $18,900 | ||
| C2023155419 | building | F | $13,500 | ||
| C2023155411 | building | F | $13,500 | ||
| C2023155626 | building | F | $13,500 | ||
| C2023155623 | building | F | $13,500 | ||
| C2003037181 | limp | expired | — |
Code Violations 2 open
A2025000452 open
2024-11-11
20220215617 open
2022-05-04
Distress Signals
- 2 open code violations
Current Owner
COTTAGE COVE OWNER LLC
2 ST CLAIR AVE WEST 16 FL, TORONTO, ON, M4V 1L5
Since: 2026-03-29
View owner profile →
People Behind This Entity
Registered Agent: C T CORPORATION SYSTEM
COTTAGE COVE APARTMENTS, LP (MGMB) BAKST BENJAMIN (AP) Ehrman Joseph (MBR) COTTAGE COVE OWNER LLC (Pres)
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Est. Annual Insurance
$116,596 — $209,953
Flood $400 — $800
Property/Wind $116,196 — $209,153
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$38,817
Median Home Value$268,300
Pop. Density6,623/sq mi
Neighborhood 18950
100%
Owner-Occ
0%
Investor
3
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
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