Excellent long-term investment opportunity in West Perrine featuring 2020 construction and strong in-place rental income. The property consists of three units: two spacious 3-bedroom / 2-bath units and a detached 1-bedroom / 1-bath unit in the rear.
One of the 3/2 units is currently rented through Section 8 for $2,991/month, while the second 3/2 unit has just been renovated and is ready for a new tenant. The detached 1/1 unit is leased for $1,791/month. At full occupancy, the property has potential gross rents of approximately $7,800 per month, offering an approximate 8.33% cap rate at the current asking price.
Built with durability and efficiency in mind, the property features impact-resistant windows and doors, modern tile flooring, open kitchens, and in-unit laundry areas. Each unit is individually metered for water and electricity, helping reduce owner expenses and simplify management.
Additional highlights include LED energy-efficient lighting, secure keyed mailboxes, and a driveway with approximately 4 parking spaces in front and 4 additional in the back. With no HOA and relatively low maintenance due to its newer construction, this asset offers strong income potential for investors seeking a stable multifamily property in Miami-Dade County.
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Roof:
- Shingle
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33157
- Street:
- 10231 Sw 176th St, Miami, Florida 33157
- Longitude:
- W81° 38' 32.9''
- Latitude:
- N25° 36' 21.9''
- Building Area:
- 4,179 Sqft
- Construction Materials:
- Block
- Flooring:
- Ceramic Tile
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional, FHA
- Lot Features
- Parcel Number:
- 30-50-32-010-1540
- Subdivision Name:
- DIXIE HEIGHTS GARDEN
- Tax Annual Amount:
- $12,418
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
- Window Features:
- Impact Glass
Residential Income For Sale
10231 Sw 176th St, Miami, Florida 33157, Miami, Florida 33157
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $825,000
- Square Footage :
- 4,179 Sqft
- Year Built :
- 2020
- MLS # :
- A11980998
- Property Sub Type :
- Triplex
