Property Description

Investors, builders, and developers. Exceptional income-producing property situated on an oversized 9,243 square foot corner lot in Miami’s desirable Shenandoah Coral Way area. Outstanding central Miami location near Coral Gables, Coral Way, Little Havana, Brickell, Downtown Miami, Miami International Airport, LoanDepot Park, and Miami Freedom Park. “Zoned Duplex” ” Two separate, legally permitted detached residences on one lot. Front residence:4 bed, 3 bath, leased at $3,000 per month through March 2027. Rear residence:1 bed, 1 bath, leased at $1,800 per month month-to-month. Current combined gross rental income totals $4,800 per month or $57,600 annually, providing immediate cash flow while planning future redevelopment. Zoned T3-O with Duplex Residential Future Land Use, offering significant redevelopment potential, subject to City of Miami approval. Conceptual renderings for marketing purposes only illustrate one possible redevelopment with two substantial two-story residences and a shared private pool courtyard. “An exceptional opportunity to collect income today while planning tomorrow’s redevelopment.” Buyer and buyer’s agent to verify zoning, permitted uses, development potential, setbacks, dimensions, and all governmental requirements. See Zoning Verificatio Letter in attachments.

Features
Swimming Pool
Heating System
Cooling System
Patio:
Patio
Roof:
Spanish Tile, Other
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33145
Street:
1997 Sw 17th Ct, Miami, Florida 33145
Longitude:
W81° 46' 35.2''
Latitude:
N25° 45' 10''
MLS Addon
Building Area:
2,362 Sqft
Construction Materials:
Block
Cumulative DOM:
7
DOM:
7
Exterior Features
Flooring:
Ceramic Tile
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
01-41-10-037-0120
Subdivision Name:
WOODCREST
Tax Annual Amount:
$17,232
Utilities

Residential Income For Sale

1997 Sw 17th Ct, Miami, Florida 33145, Miami, Florida 33145

2,264 Sqft
$1,799,000
MLS # #A12084493
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,799,000
Square Footage :
2,264 Sqft
Year Built :
1940
MLS # :
A12084493
Agent info
Contact Agent