2369 SW 17th Ter, Miami FL 33145

Description of 2369 SW 17th Ter, Miami FL 33145

Fully renovated fourplex located at 2369 SW 17th Terrace, Miami, FL 33145, offering an exceptional investment opportunity in one of Miami's most desirable rental markets. The property is currently producing approximately $10,000 per month in gross rental income, with additional revenue generated through an on-site laundry facility, creating strong and diversified cash flow. The building has undergone extensive renovations, providing a turnkey asset with minimal deferred maintenance and strong tenant appeal. Its central location offers convenient access to Coral Gables, Brickell, Downtown Miami, major highways, shopping, dining, and employment centers, supporting consistent rental demand and long-term value appreciation. A major advantage of this property is the future development potential. Ownership is currently in the permitting process for the construction of an additional fourplex on the site. Permits are progressing through final review, and construction is expected to begin upon approval. Once completed, the new fourplex is projected to generate an additional $10,000 per month in rental income, potentially increasing total gross income to approximately $20,000 per month. This is a unique opportunity for investors seeking immediate cash flow, future income growth, and long-term appreciation through an active expansion project already in progress. Ideal for portfolio investors, 1031 exchange buyers, or those looking to capitalize on Miami's strong multifamily market.

Property Details for 2369 SW 17th Ter, Miami FL 33145

Interior Features

Stairs

Flooring

Ceramic Floor

Heating

Central, Electric

Cooling

Central Air

Pool Private

No

Year Built Details

Resale

Building Information for 2369 SW 17th Ter, Miami FL 33145

Building Name

CLEVELAND TERRACE

Building Area Total

2455

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Property Information for 2369 SW 17th Ter, Miami FL 33145

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Concrete

Sewer

Public Sewer

New Construction

No

Public Records for 2369 SW 17th Ter, Miami FL 33145

Parcel Number

01-41-10-024-0080

Tax Annual Amount

$11,617

Tax Year

2,023

Tax Legal Description

CLEVELAND TERRACE PB 15-19 LOT 9 BLK 1 LOT SIZE 50 X 134 COC 25611-0865 26481-3293 0407 3

Zoning

0100

County Or Parish

Miami-Dade County

Location