Map
Listed price in listed location currency (USD).
$1,590,000

004

MLS® A12084493

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 2264 sqft
Garage 
Taxes $17,232
Days Active 23
Lot Size 
Approx. Age 1940
Avg. Price Per Sqft $702
MLS® Number A12084493

Property Address: 1997 Sw 17th Ct, Miami, FL, 33145-2707

Average square foot calculated using Size range provided by listing agent.

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 a shared private pool courtyard. "An exceptional opportunity to collect income today while planning tomorrow's redevelopment." Buyer and buyer's agent to verify zoning, permitted uses, development potential, setbacks, dimensions, and all governmental requirements. See Zoning Verificatio Letter in attachments.
MLS® NumberA12084493
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1940
Basement
Driveway
Garage Spaces
HeatCentral, Separate Meters
A/CCentral Air

Extras

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