2369 SW 17th Ter, Miami, FL 33145
2369 SW 17th Ter, Miami, FL 33145
2369 SW 17th Ter, Miami, FL 33145
2369 SW 17th Ter, Miami, FL 33145
2369 SW 17th Ter, Miami, FL 33145
2369 SW 17th Ter, Miami, FL 33145
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Jackie Birnbaum

Jackie Birnbaum

+1(305) 519-7471
$ 3,500,000
Est. payment | /mo

2,320 SqFt

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$ 3,500,000
Est. payment | /mo
Save Virtual Tour

2,320 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,320 sqft

Price per Sqft $1,508

Subdivision Cleveland Terrace

MLS Listing ID A12033783

Style Fourplex

HOA Y/N No

Year Built 1924

Annual Tax Amount $11,617

Tax Year 2023

Property Sub-Type Quadruplex

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.

Location

State FL

County Miami-dade

Community Cleveland Terrace

Area 41

Zoning 0100

Interior

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Concrete

Total Parking Spaces 8

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Others

Tax ID 01-41-10-024-0080

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12033783

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Partnership Realty Inc.

Schools and Properties Nearby

Jackie Birnbaum
Jackie Birnbaum

Owner/Licensed Realtor License ID: 3167107

+1(305) 519-7471 | jackiesrealestate@gmail.com

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2369 SW 17th Ter