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$749,000 Just Listed
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Property Description
Excellent duplex investment opportunity with active Section 8 in a quiet neighborhood. Each unit features 3 bedrooms and 2 bathrooms, central A/C, and separate water and electric meters.The unit has been recently painted, has new impact windows and a new air conditioner. The roof is in perfect condition. Property is fully approved for Section 8, and both current tenants are Section 8, providing stable and reliable income. Current rents: "¢ Unit 10501: $3,200/month "¢ Unit 10503: $3,330/month Total monthly income: $6,530 Annual gross income: $78,360 Each unit has its own folio, offering flexibility for future ownership or financing strategies. With estimated operating expenses at 15%, the property delivers a strong NOI of approximately $66,606 annually, resulting in an estimated Cap Rate of ~8.9% at the asking price. Ideal for investors seeking immediate cash flow, low vacancy risk, and long-term appreciation. Please do not disturb the tenants.
Full Property Details
Full Property Details for 10501-10503 SW 172
General
- Price: $749,000
- Taxes: $4,157 (2025)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11945969
- Updated: 1/15/2026
- Added to Site: 3 day(s) ago
Rental Information
- Rent Includes: Sewer
Interior
- Flooring: Ceramic Floor
Parking
- Total Spaces: 4
Location
- Area: West Perrine Addn
- County: Miami-Dade County
- Subdivision: WEST PERRINE ADDN
- Building Name: WEST PERRINE ADDN
Community
- Community Name: West Perrine Addn
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Attached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 2492
- Square Feet: 2,492
- Living Area: 2,492 Sq. Ft.
- Year Built: 2008
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 5700
Financial Considerations
- Price Per Sq. Ft.: $300.56
- Tax Amount: $4,157
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Copy Of Lease(S)
- Legal Description: RC I CONDO UNIT 1 UNDIV 50% INT IN COMMON ELEMENTS OFF REC 26533- 3644
- Property ID: 30-50-32-075-0010
Listed by Avanti Way Brickell
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Price & Sales History for 10501-10503 SW 172
Date
Details
Price
Change
Source
1/14/2026
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 10501-10503 SW 172
10501-10503 SW 172, Miami, FL 33157 (MLS# A11945969) is a Duplex property with 0 bedrooms and 0 full bathrooms. 10501-10503 SW 172 is currently listed for $749,000 and was received on January 14, 2026. Want to learn more about 10501-10503 SW 172? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

