10231 SW 176th St Miami, FL 33157

UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,179 sqft
Price per Sqft $197
Subdivision Dixie Heights Garden
MLS Listing ID A11980998
HOA Y/N No
Year Built 2020
Annual Tax Amount $12,418
Tax Year 2025
Contingent Pending Inspections
Property Sub-Type Triplex
Property Description
One of the 3/2 units is currently rented through Section 8 for $2,991/month, while the second 3/2 unit has just been renovated and is ready for a new tenant. The detached 1/1 unit is leased for $1,791/month. At full occupancy, the property has potential gross rents of approximately $7,800 per month, offering an approximate 8.33% cap rate at the current asking price.
Built with durability and efficiency in mind, the property features impact-resistant windows and doors, modern tile flooring, open kitchens, and in-unit laundry areas. Each unit is individually metered for water and electricity, helping reduce owner expenses and simplify management.
Additional highlights include LED energy-efficient lighting, secure keyed mailboxes, and a driveway with approximately 4 parking spaces in front and 4 additional in the back. With no HOA and relatively low maintenance due to its newer construction, this asset offers strong income potential for investors seeking a stable multifamily property in Miami-Dade County.
Location
State FL
County Miami-dade
Community Dixie Heights Garden
Area 50
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Window Features Impact Glass
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Level or Stories Two
Structure Type Block
Others
Tax ID 30-50-32-010-1540
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11980998

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