Duplex in 171 NE 117th Street, Miami, FL 33161 for sale with MLS# B26024455

Don't miss this excellent duplex investment opportunity located in a convenient and growing area of Miami. This property offers immediate income potential and long-term upside, making it ideal for both seasoned investors and owner-occupants. The duplex features two separate living units, each with its own private entrance and functional layout. One side is currently rented, providing instant rental income, while the other unit offers flexibility for additional income, personal use, or future value-add improvements. Each unit offers comfortable living spaces with practical layouts, making them attractive to tenants seeking affordability and convenience in a central location. The property sits on a spacious lot with room for parking and outdoor use. Located near major roadways, shopping, dining, schools, and public transportation, this property provides easy access to everything Miami has to offer. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this duplex presents a fantastic opportunity-schedule your showing today!

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171 NE 117th Street, Miami, FL 33161

Price
Price:
$700,000.00
Original List Price:
$725,000.00
List Price per Sq Ft (Calculated, Approx.):
$410.76
Lease Details
Tenant Pays:
Electricity, Cable Tv
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Price Reduced
Last Major Update on:
August 22, 2026 2:01 pm
Measures
Living Area:
1,765 Sqft
Built-Up Area:
2,415 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Size Acres:
0.24
Property Features
Waterfront:
No
Exterior:
Other
Laundry:
Laundry Room
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Construction
Year Built:
1965
Roof:
Other
Number of Units Total:
2
Levels:
One
Construction Materials:
Concrete
Flooring:
Other
Number of stories:
1
Number of Units in the Community or Building:
2
Foundation Details:
Block
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$7,816.47
Tax Year:
2025
Tax Assessed Value:
$319,154.00
Property Tax Details:
No Homestead
Utilities
Sewer:
Septic Tank
Utilities Available:
Cable Available, Electricity Available, Sewer Available, Water Available
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
LA PALOMA
Senior Community:
No
Restrictions:
No Restrictions
Terms
Documents Available:
Copy Of Lease(s)
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
LA PALOMA PB 8-44 E1/2 LOT 22 & ALL LOT 23 BLK 7 PER UNITY OF TITLE PR ADD 171-173 NE 117 ST LOT SIZE 75.000 X 137 OR 11226-1755 0981 4
Real Estate Folio Number (Parcel Number):
3021360251010
Zoning:
5700
Public Schools Assigned
High School:
North Miami
Middle Or Junior School:
North Miami
Listing History
Active on the market since:
May 5, 2026
Listing Agreement executed on:
May 5, 2026
Price change occurred on:
August 22, 2026 2:01 pm
Listing Status Last Changed On:
May 5, 2026 5:20 pm
Photos updated on:
May 5, 2026 9:51 pm
Last Modified:
August 22, 2026 2:01 pm
Additional Information
Courtesy of:
TruDeals Realty Corp
Attribution:
Not provided
Location
Street Name:
117th
Street Number:
171
City:
Miami
State:
Florida
Zip Code:
33161
County:
Miami-Dade
Latitude:
N25° 52' 58.2''
Longitude:
W81° 48' 18''
Street Suffix:
Street
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

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

Median Household Income $55,265
Median Home Value $376,500
Median Rent $1,494/mo
Median Age 37
Population 54,128
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Association of REALTORS®
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