Property Description

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.

Features
Swimming Pool
Heating System
Cooling System
Parking
Roof:
Shingle
Sewer
Address Map
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''
MLS Addon
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:
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Window Features:
Impact Glass

Residential Income For Sale

10231 Sw 176th St, Miami, Florida 33157, Miami, Florida 33157

4,179 Sqft
$825,000
MLS # #A11980998
Basic Details
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
Agent info
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