Triplex in 10231 SW 176th Street, Miami, FL 33157 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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Days on the market

10231 SW 176th Street, Miami, FL 33157

Price
Price:
$825,000.00
Original List Price:
$825,000.00
Close Price:
$825,000.00
Transaction closed on:
April 30, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Triplex
Description of Last Important Update:
Status Change
Last Major Update on:
April 30, 2026 4:00 am
Measures
Living Area:
4,179 Sqft
Built-Up Area:
4,179 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central, Separate Meters
Construction
Year Built:
2020
Roof:
Shingle
Number of Units Total:
3
Levels:
Two
Construction Materials:
Block
Flooring:
Ceramic Tile
Number of stories:
2
Number of Units in the Community or Building:
3
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$12,418.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Electric:
Circuit Breakers
Utilities Available:
Cable Available
Community
Subdivision Name:
DIXIE HEIGHTS GARDEN
Senior Community:
No
Terms
Documents Available:
Rent Rolls, Deposit Held
Listing Terms Considered by Seller:
Cash, Conventional, FHA
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):
3050320101540
Zoning:
3050
Public Schools Assigned
Elementary School:
John Snively Elem
High School:
Miami Palmetto
Listing History
Active on the market since:
March 11, 2026
Listing Agreement executed on:
March 11, 2026
Purchase Contract Date:
March 23, 2026
Listing Status Last Changed On:
April 30, 2026 4:00 am
Photos updated on:
May 1, 2026 11:40 am
Last Modified:
August 17, 2026 6:09 pm
Additional Information
Courtesy of:
Anton Agency of Florida
Attribution:
Not provided
Location
Street Name:
176th
Street Number:
10231
City:
Miami
State:
Florida
Zip Code:
33157
County:
Miami-Dade
Latitude:
N25° 36' 22.6''
Longitude:
W81° 38' 33.1''
Street Suffix:
Street
Street Direction Prefix:
SW
Property Map

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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) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
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Association of REALTORS®
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. Properties may be listed or sold by various participants in the MLS.