$1,590,000

Price reduced

1997 SW 17th Ct, Miami FL 33145

2,264 sq ftBuilt 1940MLS# A12084493

Email to a friend

Email this property to a friend

By submitting you agree to be contacted about your request. Privacy policy

About this property

Investors, builders, and developers. Exceptional income-producing property situated on an oversized 9,243 square foot corner lot in Miami's desirable Shenandoah Coral Way area. Outstanding central Miami location near Coral Gables, Coral Way, Little Havana, Brickell, Downtown Miami, Miami International Airport, LoanDepot Park, and Miami Freedom Park. "Zoned Duplex" " Two separate, legally permitted detached residences on one lot. Front residence:4 bed, 3 bath, leased at $3,000 per month through March 2027. Rear residence:1 bed, 1 bath, leased at $1,800 per month month-to-month. Current combined gross rental income totals $4,800 per month or $57,600 annually, providing immediate cash flow while planning future redevelopment. Zoned T3-O with Duplex Residential Future Land Use, offering significant redevelopment potential, subject to City of Miami approval. Conceptual renderings for marketing purposes only illustrate one possible redevelopment with two substantial two-story residences and a shared private pool courtyard. "An exceptional opportunity to collect income today while planning tomorrow's redevelopment." Buyer and buyer's agent to verify zoning, permitted uses, development potential, setbacks, dimensions, and all governmental requirements. See Zoning Verificatio Letter in attachments.

Property details

Property type
Multi-family
Year built
1940
Living area
2,264 sq ft
Price per sq ft
$702
Property taxes
$17,232/yr
Parking
4 spaces
Building / community
Woodcrest
Status
Price reduced
MLS #
A12084493

Listing courtesy of GTR Realty, Inc..

Location

Similar properties

Photo of 2521 SW 25th Ter, Miami FL 33133 Price reduced
$1,590,000

Stuart Terrace,silver Bluff

2521 SW 25th Ter, Miami FL 33133
4 bd · 3 ba · 2,411 sq ft
MLS# A12079732 · Listing courtesy of Compass Florida, LLC
Photo of 8603 SW 68th St Rd, Miami FL 33143 Price reduced
$1,590,000

Sunset View

8603 SW 68th St Rd, Miami FL 33143
4 bd · 3 ba · 2,393 sq ft
MLS# A12036942 · Listing courtesy of P.U.R.E. Investments, Inc.