Cleveland Terrace
$2,100,000
2369 SW 17th Ter, Miami, FL 33145
2,455 sqft
Building Size
4
Units
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Appraisal
- Cooling: Central Air
- Heating: Central, Electric
- Flooring: Ceramic Floor
- Construction Materials: CBS Construction
Description:
Fully renovated fourplex at 2369 SW 17th Terrace, Miami, FL 33145, generating approximately $10,000 per month in gross rental income, plus additional revenue from on-site laundry. This turnkey property features extensive upgrades and a central location near Coral Gables, Brickell, Downtown Miami, major highways, shopping, and dining. A proposed addition, with permits currently in process with the City, offers the potential to generate an additional $2,500 per month, bringing projected gross rental income to approximately $12,500 per month, plus laundry revenue, upon approval, completion, and leasing. An excellent opportunity for investors seeking immediate rental income and future growth potential in Miami’s multifamily market.
Location
Gallery