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.

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2369 SW 17th Terrace, Miami, FL 33145

Price
Price:
$3,500,000.00
Original List Price:
$3,500,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,508.62
Property Status and Type
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
Measures
Living Area:
2,320 Sqft
Built-Up Area:
2,455 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central, Electric
Construction
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
Taxes and Expenses
Tax Annual Amount:
$11,617.00
Tax Year:
2023
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
CLEVELAND TERRACE
Senior Community:
No
Terms
Documents Available:
Appraisal
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Close Of Escrow
Zoning and Legal
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
Public Schools Assigned
Elementary School:
Eustis Elem
High School:
Miami
Middle Or Junior School:
Shenandoah
Listing History
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
Additional Information
Courtesy of:
Partnership Realty Inc.
Attribution:
Not provided
Location
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
Property Map

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Neighborhood Stats

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

Median Household Income $70,592
Median Home Value $560,300
Median Rent $1,769/mo
Median Age 43
Population 29,454

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.