2369 SW 17th Ter, Miami, FL 33145
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: fernando villagran
Office: partnership realty inc.561-355-0270
MLS#:A12033783
Source:SEFMLS
Price summary
- Price:$3,500,000
- Price per sq. ft.:$1,425.66
About this home
Fully renovated fourplex located at 2369 SW 17th Terrace, Miami, FL 33145, offering an exceptional investment opportunity in one of Miami's most desirable rental markets. The property is currently producing approximately $10,000 per month in gross rental income, with additional revenue generated through an on-site laundry facility, creating strong and diversified cash flow. The building has undergone extensive renovations, providing a turnkey asset with minimal deferred maintenance and strong tenant appeal. Its central location offers convenient access to Coral Gables, Brickell, Downtown Miami, major highways, shopping, dining, and employment centers, supporting consistent rental demand and long-term value appreciation. A major advantage of this property is the future development potential. Ownership is currently in the permitting process for the construction of an additional fourplex on the site. Permits are progressing through final review, and construction is expected to begin upon approval. Once completed, the new fourplex is projected to generate an additional $10,000 per month in rental income, potentially increasing total gross income to approximately $20,000 per month. This is a unique opportunity for investors seeking immediate cash flow, future income growth, and long-term appreciation through an active expansion project already in progress. Ideal for portfolio investors, 1031 exchange buyers, or those looking to capitalize on Miami's strong multifamily market....
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Home facts
- Year built:1924
- Subdivision & Development:CLEVELAND TERRACE
- Listing ID #:A12033783
- Updated:August 06, 2026 at 09:59 AM
Rooms and interior
- Flooring:Ceramic Tile
- Living area:2,320 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Concrete
- Year built:1924
- Building area:2,320 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,500,000
- Price per sq. ft.:$1,425.66
- Tax amount:$11,617 (2023)
Parking
- Total parking spaces:8
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