10501-10503 SW 172, Miami, FL 33157

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
10501-10503 SW 172,Miami, FL 33157
$749,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,492 sq. ft.
  • Multi-family
  • Active
Listed by: marina salazar millan
Office: avanti way brickell
MLS#:A11945969
Source:SEFMLS

Price summary

  • Price:$749,000
  • Price per sq. ft.:$300.56

About this home

Excellent duplex investment opportunity with active Section 8 in a quiet neighborhood. Each unit features 3 bedrooms and 2 bathrooms, central A/C, and separate water and electric meters.The unit has been recently painted, has new impact windows and a new air conditioner. The roof is in perfect condition. Property is fully approved for Section 8, and both current tenants are Section 8, providing stable and reliable income. Current rents: • Unit 10501: $3,200/month • Unit 10503: $3,330/month Total monthly income: $6,530 Annual gross income: $78,360 Each unit has its own folio, offering flexibility for future ownership or financing strategies. With estimated operating expenses at 15%, the property delivers a strong NOI of approximately $66,606 annually, resulting in an estimated Cap Rate of ~8.9% at the asking price. Ideal for investors seeking immediate cash flow, low vacancy risk, and long-term appreciation. Please do not disturb the tenants.

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Home facts

  • Year built:2008
  • Listing ID #:A11945969
  • Updated:January 15, 2026 at 11:05 AM

Rooms and interior

  • Living area:2,492 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:2008
  • Building area:2,492 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$749,000
  • Price per sq. ft.:$300.56
  • Tax amount:$4,157 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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