Two-Unit Duplex with Private
New
For Sale
$739,000
10239 SW 173rd St, Miami, FL 33157
Residential Income, Miami, FL
Property Size1,976 SF
Price / SF$373.99
Days on Market2
Property Features for 10239 SW 173rd St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
3050
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 3
Parking
4
Window features
Blinds
Subdivision
DIXIE HEIGHTS GARDEN
Lot features
< 1/4 Acre
Standard status
Active
APN
30-50-32-010-0080
Size
1,976 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
DIXIE HGTS GARDENS PB 21-32 LOTS 39 & 40 BLK 1 LOT SIZE 5550 SQ FT M/L
Tax Annual Amount
9845
Legal Description
DIXIE HGTS GARDENS PB 21-32 LOTS 39 & 40 BLK 1 LOT SIZE 5550 SQ FT M/L
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Amenities
Impact windows
tankless water heaters
stainless steel appliances
washer and dryer in each unit
Building Details
Year built
2023
Floors in Building
1
Flooring type
Tile
Building materials
CBSConcreteBlockStructure, Block
Roof type
Shingle
Listing Agency:
Related General Realty, LLC.
(954) 309-8749
Listed By:
Eduardo Bleiberg · License #3059728
(305) 932-6365
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 10 at 7:06AM
MLS# A12104018
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.
Completed in 2023, this 1,976-square-foot duplex contains two fully leased residences, each configured with three bedrooms and two bathrooms. Unit features include impact windows, tankless water heaters, stainless steel appliances, and a washer and dryer. Central air conditioning and tile flooring are also reported.
A private parking area has four designated spaces, with two assigned to each unit. Tandem arrangements could accommodate up to eight vehicles in total. The property is minutes from US 1. The reported cap rate is approximately 6.9%, calculated from current rental income and operating expenses.
A private parking area has four designated spaces, with two assigned to each unit. Tandem arrangements could accommodate up to eight vehicles in total. The property is minutes from US 1. The reported cap rate is approximately 6.9%, calculated from current rental income and operating expenses.
Key Highlights
- Built in 2023; 1,976 square feet
- Two leased units, each with 3 bedrooms and 2 bathrooms
- Impact windows and tankless water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,699
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$833,980
$834.0K
Cap Rate 7%
$595,700
$595.7K
Cap Rate 9%
$463,322
$463.3K
Market Conditions
NOI Build-Up for 1,976 SF
Gross rent
$62.8K $31.80/SF
− Vacancy
−$3.3K −$1.65/SF
EGI
$59.6K $30.15/SF
− OpEx
−$17.9K −$9.04/SF
NOI
$41.7K $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%
$833,980
Cap Rate 7%
$595,700
Cap Rate 9%
$463,322
Alternative Uses
Best Use
Multifamily LT 5
$595.7K
$521.2K – $695.0K
NOI $41,699 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$520.4K
$455.3K – $607.1K
NOI $36,425 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$1.00M
$877.2K – $1.17M
NOI $70,176 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,211
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?
Duplex - Both residences offer three-bedroom layouts, in-unit laundry, and separate parking.
Where is this duplex located?
The property is located at 10239 SW 173rd St Miami, FL.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Built in 2023; 1,976 square feet; Two leased units, each with 3 bedrooms and 2 bathrooms; Impact windows and tankless water heaters
