1997 SW 17th, Miami, FL 33145

$1,799,000
2,264
SqFt

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List Price
$1,799,000
MLS#
A12084493
Status
ACTIVE
County
Miami-Dade
City
Miami
Subdivision
Woodcrest
Living Area
2,264

Property Description

Investors, builders, and developers. Exceptional income-producing property situated on an oversized 9,243 square foot corner lot in Miami's desirable Shenandoah Coral Way area. Outstanding central Miami location near Coral Gables, Coral Way, Little Havana, Brickell, Downtown Miami, Miami International Airport, LoanDepot Park, and Miami Freedom Park. "Zoned Duplex" " Two separate, legally permitted detached residences on one lot. Front residence:4 bed, 3 bath, leased at $3,000 per month through March 2027. Rear residence:1 bed, 1 bath, leased at $1,800 per month month-to-month. Current combined gross rental income totals $4,800 per month or $57,600 annually, providing immediate cash flow while planning future redevelopment. Zoned T3-O with Duplex Residential Future Land Use, offering significant redevelopment potential, subject to City of Miami approval. Conceptual renderings for marketing purposes only illustrate one possible redevelopment with two substantial two-story residences and

Additional Information

Days on Market
6
Year Built
1940
Stories
1
Cooling
Central Air
Heating
Central
Exterior Features
Fence, Patio, Awning(s)
Roof
Other, Spanish Tile
Parking Spaces
4

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Calculator source: Real Geeks

Listing courtesy of GTR Realty, Inc.. Contact: