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10501-10503 SW 172 Miami, FL $ 749,000
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$ 749,000 Get more info
10501-10503 SW 172
$ 749,000
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10501-10503 SW 172

Miami, FL, 33157
$ 749,000
Baths0.0 Sq 2,492

Monthly Estimate*

$ 4,612

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View a Virtual Tour
Studio

Multi-Family Home for sale in Miami, FL

for $749,000. This 2,492 square foot home was built in 2008.

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.

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Multi-Family Active

Price

$ 749,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,157

Style

Year Built

2008

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11945969
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Possession Closing & Funding
Roof Shingle
Pool Features None
Construction Materials Block
Year Built 2008
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name WEST PERRINE ADDN
Rent Includes Sewer
Status Active
City Miami
Zoning Description 5700
MLS Area 50
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 4157
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11945969
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Duplex
Legal Description RC I CONDO UNIT 1 UNDIV 50% INT IN COMMON ELEMENTS OFF REC 26533- 3644
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 4
Building Area Total 2492
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Avanti Way Brickell

Broker

marinaesm7@gmail.com

Email

Affordability Calculator

$4,958
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,612
Monthly Property Taxes
$346
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
1/15/2026 $749,000 Listed Price

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10501-10503 SW 172, Miami, FL, 33157 is a Multi-Family Home for sale at $749,000 with 2,492 sqft. 10501-10503 SW 172 is a studio with 0.0 baths and was built in 2008. The property's zip code is 33157 which is in Miami, FL

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