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$910,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
See This Home
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See This Home
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13% CAP RATE WITH AIRBNB OR 7% WITH CURRENT ANNUAL LEASES! Buyer can be cash or financing ONLY!! Renovated including brand new roof on both buildings! Property has 2 buildings; main building is 2/2 plus den/office on upper floor($2700), and 2 units 1/1 ground level($1400). The second building is a large 1/1 ($1600). Completely fenced lot has 5 private parking spaces inside plus plenty of street parking. 3 electrical meters & 1 for water. All tenants are mo to mo, rents are below market rent. CHECK COMPS, NO better deal under $1M anywhere in this area. Check attached docs for rent pro-formas & survey. Over $7100 a month of income!

Full Property Details for 2385 SW 17th St

General

  • Sold For: $910,000
  • Taxes: $6,186 (2021)
  • Status: Closed
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11246376
  • Added to Site: 1, 346 day(s) ago

Rental Information

  • Rent Includes: Pest Control, Sewer, Trash Collection, Water

Interior

  • Flooring: Carpet, Other, Tile

Exterior

  • Exterior Features: Balcony, Barbecue, Fruit Trees, Exterior Lights
  • Deck/Patio: Open Porch

Parking

  • Total Spaces: 5

Location

  • Area: Vedado
  • County: Miami-Dade County
  • Subdivision: VEDADO
  • Building Name: VEDADO
  • Driving Directions: Use the GPS

Community

  • Community Name: Vedado
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Wall/Window Unit(s)
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Detached
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: CBS Construction, Other
  • Roof: Flat Tile, Shingle
  • Windows: Blinds
  • Stories/Levels: 2
  • Building Size: 2889
  • Square Feet: 2,307
  • Sq. Ft. Source: Owner
  • Living Area: 2,307 Sq. Ft.
  • Year Built: 1930
  • Property Condition: Substantially Remodeled
  • Other Struct. Feat.: Laundry Facility

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Potential Use: Primary
  • Zoning: 100
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Sq. Ft.: $394.45
  • Operating Expenses: $22,560
  • Tax Amount: $6,186
  • Tax Year: 2021
  • Terms: All Cash, Conventional, Owner Will Carry

Disclosures and Reports

  • Documents Avail.: Copy Of Lease(S), Other Available Information
  • Legal Description: VEDADO PB 10-19 LOT 14 LOT 14A BLK 3 AND S3FT OF LOT 11 LOT SIZE 50.000 X 112 COC 26162-2299 02/08 /26202-0983
  • Property ID: 01-41-10-027-0500

Listed by Keller Williams Capital Realty and Keller Williams Eagle Realty
Sold by Douglas Elliman

Listing agents

— 2385 SW 17th St —

  • Keller Williams Capital Realty

  • Keller Williams Eagle Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2385 SW 17th St

School District:Dade County School District
NameGradesDistance
Shenandoah Elementary School, Miami, FL
1023 Southwest 21st Avenue, Miami, FL 33135
PK-50.6 mi
Shenandoah Middle School
1950 Southwest 19th Street, Miami, FL 33145
6-80.5 mi
Miami Senior High School
2450 Southwest 1st Street, Miami, FL 33135
9-121 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 2385 SW 17th St

Date
Details
Price
Change
Source
5/15/2023
Sold
$910,000
-4.21%
MLS
11/07/2022
Price Reduced
$950,000
-1.04%
MLS
10/17/2022
Price Reduced
$960,000
-1.03%
MLS
9/28/2022
Price Reduced
$970,000
-0.72%
MLS
8/18/2022
Price Increased
$977,000
0.21%
MLS
7/27/2022
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Capital Realty and Keller Williams Eagle Realty
Sold by Douglas Elliman

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2385 SW 17th St, Miami, FL 33145 (MLS# A11246376) is a Multi-Family property that was sold at $910,000 on May 15, 2023. Want to learn more about 2385 SW 17th St? Do you have questions about finding other Multi-Family real estate for sale in Coral Way? You can browse all Coral Way real estate or contact a Coldwell Banker agent to request more information.