2369 Sw 17th Ter, Miami, FL 33145

$2,100,000
: 2,320
SqFt

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List Price: $2,100,000
MLS: A12100569
Complex Name: Cleveland Terrace
Status: ACTIVE
Type: Multifamily
Living Area: 2,320

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Property Description

Fully renovated fourplex at 2369 SW 17th Terrace, Miami, FL 33145, generating approximately $10,000 per month in gross rental income, plus additional revenue from on-site laundry. This turnkey property features extensive upgrades and a central location near Coral Gables, Brickell, Downtown Miami, major highways, shopping, and dining. A proposed addition, with permits currently in process with the City, offers the potential to generate an additional $2,500 per month, bringing projected gross rental income to approximately $12,500 per month, plus laundry revenue, upon approval, completion, and leasing. An excellent opportunity for investors seeking immediate rental income and future growth potential in Miami’s multifamily market.

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Additional Information

Days on Market: 0
Style: Quadruplex, Fourplex
#Parking Spaces: 8
Year Built: 1924
Development Name: Cleveland Terrace
#Stories: 2
Construction Type: CBS Construction
Section: 10