Property Description

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.

Features
Swimming Pool
Heating System
Cooling System
Architectural Style
Roof:
Concrete
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33145
Street:
2369 Sw 17th Ter, Miami, Florida 33145
Longitude:
W81° 45' 58.6''
Latitude:
N25° 45' 21.3''
MLS Addon
Building Area:
2,455 Sqft
Construction Materials:
Block
Cumulative DOM:
75
DOM:
75
Flooring:
Ceramic Tile
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
01-41-10-024-0080
Subdivision Name:
CLEVELAND TERRACE
Tax Annual Amount:
$11,617
Utilities
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Residential Income For Sale

2369 Sw 17th Ter, Miami, Florida 33145, Miami, Florida 33145

2,320 Sqft
$3,500,000
MLS # #A12033783
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$3,500,000
Square Footage :
2,320 Sqft
Year Built :
1924
MLS # :
A12033783
Property Sub Type :
Quadruplex
Agent info
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