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$825,000
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Property Description
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.
Full Property Details
Full Property Details for 10231 SW 176th St
General
- Sold For: $825,000
- Taxes: $12,418 (2025)
- Status: Closed
- Type: Triplex
- Source: Greater_Miami
- MLS ID: A11980998
- Added to Site: 68 day(s) ago
Rental Information
- Rent Includes: Gardener, Trash Collection
Interior
- Interior Features: Stairs
- Flooring: Ceramic Floor
Parking
- Total Spaces: 8
Location
- Area: Dixie Heights Garden
- County: Miami-Dade County
- Subdivision: DIXIE HEIGHTS GARDEN
- Building Name: DIXIE HEIGHTS GARDEN
Community
- Community Name: Dixie Heights Garden
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Attached, Detached
- Structure Type: Triplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Windows: Clear Impact Glass
- Stories/Levels: 2
- Building Size: 4179
- Square Feet: 4,179
- Living Area: 4,179 Sq. Ft.
- Year Built: 2020
Unit Information
- Units in Complex: 3
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Investment
- Zoning: 3050
Financial Considerations
- Price Per Sq. Ft.: $197.42
- Tax Amount: $12,418
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Documents Avail.: Accounting Statements, Deposit Held, Rent Rolls
- 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
- Property ID: 30-50-32-010-1540
Listed by Anton Agency of Florida
Sold by Fortex Realty Inc
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Schools
Schools serving 10231 SW 176th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Dr. Henry E. Perrine Academy Of The Arts 8851 Southwest 168th Street, Palmetto Bay, FL 33157 | PK-5 | 1.4 mi |
Southwood Middle School 16301 Southwest 80th Avenue, Palmetto Bay, FL 33157 | 6-8 | 2.3 mi |
Miami Palmetto Senior High School 7460 Sw 118th St, Miami, FL 33156 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10231 SW 176th St
Date
Details
Price
Change
Source
4/30/2026
Sold
$825,000
—
MLS
3/11/2026
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
10231 SW 176th St, Miami, FL 33157 (MLS# A11980998) is a Triplex property that was sold at $825,000 on April 30, 2026. Want to learn more about 10231 SW 176th St? Do you have questions about finding other Triplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

