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2453 SW 17th St, Miami, FL, 33145
Triplex with Independent Entrances

2453 SW 17th St Miami, FL 33145

New
For Sale
$1,100,000

MULTI_FAMILY - Miami, FL

Property Size2,211 SF
Price / SF$497.51
Days on Market6

Property Features for 2453 SW 17th St

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Rooms
Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 5
Parking
6
Standard status
Active
APN
01-41-10-002-2970
Size
2,211 SF

Taxes and HOA fees

Tax Year
2024
Tax Description
GRAPELAND SUB REV PB 3-196 LOT 20 LESS S10FT BLK 14 LOT SIZE 50.000 X 144
Tax Annual Amount
13261

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Zoned, Ceiling Fan(s)

Building Details

Year built
1924
Floors in Building
1
Flooring type
Tile - Ceramic, Laminate
Building materials
Block
Roof type
Concrete, Shingle
Listing Agency: Douglas Elliman
Listed By: Duber Baptista · License #3476366
Added: Jul 18 Changed: Jul 23 Last Checked: Jul 23 at 11:06PM
MLS# A12028304

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale triplex-style property includes three separate units, each with an independent entrance. The front unit is a 3-bedroom, 2-bath residence currently operated as a full-time short-term rental. The second unit is a 1-bedroom, 1-bath home located behind the main house, and the detached rear cottage also offers 1 bedroom and 1 bathroom. The property features a new roof installed in 2024, two private patios, two sets of washers and dryers, and a large gated parking area shared by the units.

The property is located at 2453 SW 17th St in Miami, FL 33145, within Miami-Dade County. The configuration supports independent arrivals and day-to-day operations across the three residences, with common property elements including parking and outdoor areas.

For investors or operators, the layout offers straightforward unit separation for rental strategy, whether used as short-term rentals or otherwise. With multiple bedrooms in the front unit and two additional 1-bedroom, 1-bath residences, the property may support a mix of tenant types while maintaining separate access points. The gated parking area and in-unit laundry support day-to-day functionality across the different units, and the 2024 roof is a concrete improvement for the next ownership cycle.

Key Highlights

  • Income‑producing multi‑unit property built in 1924 with block construction
  • Three separate units with independent entrances: front 3BR/2BA, second 1BR/1BA, detached rear cottage 1BR/1BA
  • New roof installed in 2024; roof materials include shingle and concrete

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $67.7k $30.60
− Vacancy −$4.3k −$1.95
EGI $63.3k $28.65
− OpEx −$19.0k −$8.60
NOI $44.3k $20.06
2,211 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$633.5K
$554.3K – $739.1K (±1% cap)
NOI $44,343 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$583.5K
$510.6K – $680.8K (±1% cap)
NOI $40,845 @ 7.0% cap · market cap 3.71%
Theoretical Best
Specialty Retail
$1.49M
$1.31M – $1.74M (±1% cap)
NOI $104,471 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Parking Lot & Garage Restaurant Carpet & Flooring Store Restaurant Locksmith Electrical Service (Bike/Boat/Book/etc) Store Restaurant Catering Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three separate residences with private patios and gated parking support flexible rental use in Miami-Dade.
Where is this triplex located?
The property is located at 2453 SW 17th St Miami, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Income‑producing multi‑unit property built in 1924 with block construction; Three separate units with independent entrances: front 3BR/2BA, second 1BR/1BA, detached rear cottage 1BR/1BA; New roof installed in 2024; roof materials include shingle and concrete
More about this property
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