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.
10231 SW 176th Street, Miami, FL 33157
- Price:
- $825,000.00
- Original List Price:
- $825,000.00
- Close Price:
- $825,000.00
- Transaction closed on:
- April 30, 2026
- 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
- Living Area:
- 4,179 Sqft
- Built-Up Area:
- 4,179 Sqft
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central, Separate Meters
- 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
- Tax Annual Amount:
- $12,418.00
- Tax Year:
- 2025
- Property Tax Details:
- Tax Reflects No Exemptions
- Sewer:
- Public Sewer
- Electric:
- Circuit Breakers
- Utilities Available:
- Cable Available
- Subdivision Name:
- DIXIE HEIGHTS GARDEN
- Senior Community:
- No
- Documents Available:
- Rent Rolls, Deposit Held
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA
- Buyer Possession:
- Close Of Escrow
- 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
- Elementary School:
- John Snively Elem
- High School:
- Miami Palmetto
- 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
- Courtesy of:
- Anton Agency of Florida
- Attribution:
- Not provided
- 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

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Neighborhood Stats
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