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2369 SW 17th Terrace, Miami, FL 33145
$3,500,000
Property Type:
Residential Income
Square Footage:
2,455
Status:
Active
Current Price:
$3,500,000
List Date:
6/09/2026
Last Modified:
6/18/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# A12033783
General Property Information
- Number Of Units Total
- 4
- Property Sub Type
- Quadruplex
- Building Area Main
- 2455
- Living Area Main
- 2320
- Adjusted Area Main
- 2137
- Year Built
- 1924
- Parking Total
- 8
- Stories Total
- 2
- Pool Private YN
- No
Property Features
Documents Available:
Appraisal
Flooring:
Ceramic Tile
Property Condition:
Resale
Structure Type:
Multi Family
Construction Materials:
CBS
Cooling:
Central Air
Heating:
Central; Electric
Listing Terms:
Cash; Conventional; FHA
Possession:
Close Of Escrow
Roof:
Concrete
Sewer:
Public Sewer
Tax Information:
City/County
Utilities:
Cable Available
Showing Requirements:
Call Listing Agent
Contract Information
- Comp Sale YN
- No
- Original List Price
- 3500000
Location and Legal
- Country
- United States
- County Or Parish
- Miami-Dade
- County Parish Name
- Miami-Dade
- Street Number
- 2369
- Street Direction Prefix
- SW
- Street Name
- 17th
- Street Suffix
- Terrace
- City Name
- Miami
- Municipal Code
- Yes
- State Or Province
- FL
- Postal Code
- 33145
- Postal Code +4
- 2423
- Postal Zip
- 33145
- Subdivision Name
- CLEVELAND TERRACE
- Area
- 2410
- Elementary School
- Shenandoah
- Middle Or Junior School
- Shenandoah
- High School
- Miami
- Parcel Number
- 0141100240080
- Subdivision Number
- 24
- Zoning
- 0100
- Flood Zone
- X
Financial Information
- Tax Annual Amount
- 11617
- Tax Year
- 2023
- Tax Legal Description
- CLEVELAND TERRACE PB 15-19 LOT 9 BLK 1 LOT SIZE 50 X 134 COC 25611-0865 26481-3293 0407 3
Status Change Information
- Major Change Timestamp
- 2026-06-09T04:00:00Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-06-17
More Information
Income and Expenses
- Gross Income
- 10000
Unit 1 Details
- Actual Rent
- 3000
- Baths Full
- Yes
- Efficiency YN
- No
Unit 1 Lease Description
- Currently Leased YN
- Yes
Unit 1 Parking Details
- Garage YN
- Yes
Unit 2 Details
- Actual Rent
- 3000
- Baths Full
- Yes
- Efficiency YN
- No
Unit 2 Lease Description
- Currently Leased YN
- Yes
Unit 2 Parking Details
- Garage YN
- Yes
Unit 3 Details
- Actual Rent
- 2000
- Baths Full
- Yes
- Efficiency YN
- No
Unit 3 Lease Description
- Currently Leased YN
- Yes
Unit 3 Parking Details
- Garage YN
- Yes
Unit 4 Details
- Actual Rent
- 2000
- Baths Full
- Yes
- Efficiency YN
- No
Unit 4 Lease Description
- Currently Leased YN
- Yes
Unit 4 Parking Details
- Garage YN
- Yes
Price Calculations
- Current Price To SqFt
- 1508.62
Section Details
- Parcel Number MLX
- 0080
Originating Details
- Originating System Key
- 510022917
- Originating System ID
- M00000151
Office/Member Information
- DXORIGMLSID
- SEF
Flooring
- Ceramic Tile
- Yes
Property Condition
- Resale
- Yes
Documents Available
- Appraisal
- Yes
Structure Type
- Multi Family
- Yes
Possession
- Close Of Escrow
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Cable Available
- Yes
Heating
- Central
- Yes
- Electric
- Yes
Construction Materials
- CBS
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
Roof
- Concrete
- Yes
Cooling
- Central Air
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Tax Information
- City/County
- Yes
Listing Office:
Partnership Realty Inc.
Last Updated: June - 18 - 2026
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