Quadruplex in 2369 SW 17th Terrace, Miami, FL 33145 for sale with MLS# A12033783
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.
2369 SW 17th Terrace, Miami, FL 33145
- Price:
- $3,500,000.00
- Original List Price:
- $3,500,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,508.62
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- June 9, 2026 4:00 am
- Living Area:
- 2,320 Sqft
- Built-Up Area:
- 2,455 Sqft
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central, Electric
- Year Built:
- 1924
- Roof:
- Concrete
- Number of Units Total:
- 4
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Ceramic Tile
- Number of stories:
- 2
- Structure Type:
- Multi Family
- Number of Units in the Community or Building:
- 4
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $11,617.00
- Tax Year:
- 2023
- Property Tax Details:
- City/County
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- CLEVELAND TERRACE
- Senior Community:
- No
- Documents Available:
- Appraisal
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- CLEVELAND TERRACE PB 15-19 LOT 9 BLK 1 LOT SIZE 50 X 134 COC 25611-0865 26481-3293 0407 3
- Real Estate Folio Number (Parcel Number):
- 0141100240080
- Zoning:
- 0100
- Elementary School:
- Eustis Elem
- High School:
- Miami
- Middle Or Junior School:
- Shenandoah
- Active on the market since:
- June 9, 2026
- Listing Agreement executed on:
- June 9, 2026
- Listing Status Last Changed On:
- June 9, 2026 4:00 am
- Photos updated on:
- August 23, 2026 1:18 pm
- Last Modified:
- August 23, 2026 1:18 pm
- Courtesy of:
- Partnership Realty Inc.
- Attribution:
- Not provided
- Street Name:
- 17th
- Street Number:
- 2369
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33145
- County:
- Miami-Dade
- Latitude:
- N25° 45' 21.2''
- Longitude:
- W81° 45' 58.6''
- Street Suffix:
- Terrace
- Street Direction Prefix:
- SW

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