Ultra Luxury Real Estate For Sale in 33145 Zip Code

Miami-Dade County | Updated
Market Action
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Shows who has more leverage in the market
0–30 favors buyers
30–100 favors sellers
Selling Speed
15.89
Steady
Shows how quickly homes are being absorbed by buyers
20%+ Fast
8–19.9% Steady
Below 8% Slow
Inventory Supply
6.29
High
Shows how many months it would take to sell current inventory
0–3 Low
3–6 Balanced
6+ High
Sales Activity
3.59
Active
Shows how often homes are selling in this community
2+/mo Active
0.75–1.99/mo Steady
Below 0.75/mo Quiet
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Cleveland Terrace, 2369 SW 17th Ter, Miami, Florida 33145, image 1
Cleveland Terrace, 2369 SW 17th Ter, Miami, Florida 33145, image 2
$3,500,000
  • 2,320 SqFt
  • $1,509/SqFt
Ultra Luxury
Multifamily for sale in Cleveland Terrace
2369 SW 17th Ter, Miami, FL 33145
Fully renovated fourplex located at 2369 sw 17th terrace, miami, fl 33145, offering an exceptional investment opportunity in one of miami's most desirable rental markets. The property is currently producing approximately $10, 000 per month in gross rental income, with additional revenue generated through an on-site laundry facility, creating strong and diversified cash flow. The building has undergone extensive renovations, providing a turnkey asset with minimal deferred maintenance and strong tenant appeal. Its central location offers convenient access to coral gables, brickell, downtown miami, major highways, shopping, dining, and employment centers, supporting consistent rental demand and long-term value appreciation. A major advantage of this property is the future development potential. Ownership is currently in the permitting process for the construction of an additional fourplex on the site. Permits are progressing through final review, and construction is expected to begin upon approval. Once completed, the new fourplex is projected to generate an additional $10, 000 per month in rental income, potentially increasing total gross income to approximately $20, 000 per month. This is a unique opportunity for investors seeking immediate cash flow, future income growth, and long-term appreciation through an active expansion project already in progress. Ideal for portfolio investors, 1031 exchange buyers, or those looking to capitalize on miami's strong multifamily market.
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33145, FL Snapshot
149
Active Inventory
8
New Listings
$225K to $3.5M
Price Tier
18
Pending Sales
$785K
Median Closed Price
83
Avg. Days On Market

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