Income-Producing Fourplex with Updated
For Sale
$1,175,000
10015 SW 170th Ter, Miami, FL 33157
Centrally located fourplex with new A/C units and updated electric.
Property Size2,664 SF
Price / SF$441.07
Days on Market343
Property Features for 10015 SW 170th Ter
General Information
Standard status
Active
Size
2,664 SF
Property subtype
Quadruplex
Taxes and HOA fees
Annual Taxes
$8,906
Building Details
Building Size
2,664 SF
Year Built
1957
Listing Agency:
Charleemax Realtors
Listed By:
Aliette Perez · License #3352147
(305) 216-3433
Source:
Miamibrokersgroup
Added: Nov 5, 2025
Changed: Oct 13
Last Checked: Oct 13 at 1:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charleemax Realtors
Investment Insights
Based on property information with market context.
This income-producing fourplex is centrally located. The property features four units, each with 2 bedrooms, 1 bathroom, and a spacious kitchen. All units are equipped with new 2025 A/C units and updated electrical systems. The property is conveniently located near shopping, dining, and major highways. The property size is 2664 square feet.
Key Highlights
- Income‑producing fourplex: Provides immediate rental income.
- Centrally located: Offers convenient access to shopping, dining, and major highways.
- Spacious units: Each unit features 2 bedrooms, 1 bathroom, and a spacious kitchen.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,217
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,124,340
$1.1M
Cap Rate 7%
$803,100
$803.1K
Cap Rate 9%
$624,633
$624.6K
Market Conditions
NOI Build-Up for 2,664 SF
Gross rent
$84.7K $31.80/SF
− Vacancy
−$4.4K −$1.65/SF
EGI
$80.3K $30.15/SF
− OpEx
−$24.1K −$9.04/SF
NOI
$56.2K $21.10/SF
Area
ZIP 33157
Vacancy
5.20%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,124,340
Cap Rate 7%
$803,100
Cap Rate 9%
$624,633
Alternative Uses
Best Use
Multifamily LT 5
$803.1K
$702.7K – $937.0K
NOI $56,217 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$701.5K
$613.9K – $818.5K
NOI $49,108 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M
NOI $94,609 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,138
Businesses Nearby
Explore this area
Business Placement
Demographics for 33157, FL
68,069
Population
23,176
Households
2.9
Avg Household Size
42
Median Age
33%
College-Educated
86%
High-School Grad
14.9 sq mi
ZIP Area
4,568
Density / Sq Mi
$80,364
Median Household Income
$38,803
Median Earnings
$1,493
Median Rent
$478,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Centrally located fourplex with new A/C units and updated electric.
Where is this quadplex located?
The property is located at 10015 SW 170th Ter Miami, FL.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Income‑producing fourplex: Provides immediate rental income.; Centrally located: Offers convenient access to shopping, dining, and major highways.; Spacious units: Each unit features 2 bedrooms, 1 bathroom, and a spacious kitchen.
