Triplex in 10231 SW 176th St Miami for sale with MLS# A11980998

Excellent long-term investment opportunity in West Perrine featuring 2020 construction and strong in-place rental income. The property consists of three units: two spacious 3-bedroom / 2-bath units and a detached 1-bedroom / 1-bath unit in the rear. One of the 3/2 units is currently rented through Section 8 for $2,991/month, while the second 3/2 unit has just been renovated and is ready for a new tenant. The detached 1/1 unit is leased for $1,791/month. At full occupancy, the property has potential gross rents of approximately $7,800 per month, offering an approximate 8.33% cap rate at the current asking price. Built with durability and efficiency in mind, the property features impact-resistant windows and doors, modern tile flooring, open kitchens, and in-unit laundry areas. Each unit is individually metered for water and electricity, helping reduce owner expenses and simplify management. Additional highlights include LED energy-efficient lighting, secure keyed mailboxes, and a driveway with approximately 4 parking spaces in front and 4 additional in the back. With no HOA and relatively low maintenance due to its newer construction, this asset offers strong income potential for investors seeking a stable multifamily property in Miami-Dade County.

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10231 SW 176th St, Miami, FL 33157

Price
Price:
$825,000.00
Original List Price:
$825,000.00
Lease Details
Rent Includes:
Trash Collection, Gardener
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Pending Inspections
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Triplex
MLS Number:
A11980998
Description of Last Important Update:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Last Major Update on:
March 24, 2026 1:45 pm
Measures
Living Area:
4,179 Sqft
Built-Up Area:
4,179 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
Waterfront:
No
Windows:
Impact Glass, Impact glass, Impact Glass
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Storm Protection:
Impact Glass
Construction
Year Built:
2020
Year Built Details:
Effective Year Built
Roof:
Shingle
Levels:
Two
Construction Materials:
Block
Flooring:
Ceramic Tile
Stories:
2
Taxes and Expenses
Tax Annual Amount:
$12,418.00
Tax Year:
2025
Property Tax Status:
Tax Reflects No Exemptions
Parking
Parking Total Spaces:
8
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
DIXIE HEIGHTS GARDEN
Senior Community:
No
Terms
Documents Available:
Financials, Rent Rolls
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Occupant Type:
Tenant
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
32 55 40 DIXIE HGTS GARDENS PB 21-32 LOTS 41 & 42 BLK 9 LOT SIZE 50.000 X 111 23396-3392/23414-2816-18 0505 4 COC 23746-0197 08 2005 2
Real Estate Folio Number (Parcel Number):
30-50-32-010-1540
Zoning Description:
3050
Listing History
Originally published on:
March 11, 2026 1:36 pm
Active on the market since:
March 11, 2026
Price change occurred on:
March 11, 2026 12:42 pm
Listing Status Last Changed On:
March 24, 2026 1:45 pm
Photos updated on:
March 11, 2026 5:57 pm
Last Modified:
March 24, 2026 5:45 pm
Additional Information
Flood Zone:
X
Type of Association:
None
Style:
Triplex
Municipal Code:
30
Florida Property Assessed Clean Energy (PACE) Program:
0
Subdivision Number:
10
Courtesy of:
Anton Agency of Florida
Attribution:
Not provided
Location
Street Name:
176th St
Street Number:
10231
City:
Miami
State:
Florida
Zip Code:
33157
County:
Miami-Dade
Latitude:
N25° 36' 21.9''
Longitude:
W81° 38' 32.9''
Street Direction Prefix:
SW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $80,364
Median Home Value $478,300
Median Rent $1,493/mo
Median Age 40
Population 69,605

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.