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10540 SW 172nd St, Miami, FL, 33157
Duplex with Brand New Roof

10540 SW 172nd St Miami, FL 33157

For Sale
Contact for pricing

Two-unit duplex with updated exterior and brand new roof, offering two bedrooms and one bath per unit.

Property Size1,216 SF
Price / SF$516.45
Days on Market36

Property Features for 10540 SW 172nd St

General Information

Standard status
Active
Size
1,216 SF
Property subtype
Multifamily

Building Details

Year Built
1958
Listing Agency: Realty One Group Evolution
Listed By: Gabriela Burke · License #3240992
Source: Crexi
Added: Jun 19 Changed: Jul 21 Last Checked: Jul 23 at 3:22PM

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 Realty One Group Evolution


Investment Insights

Based on property information with market context.

This duplex features two spacious units, each offering two bedrooms and one bathroom. The property has a brand new roof and a refreshed exterior, along with modern finishes throughout. Interiors include open living space and kitchens with beautiful cabinetry.

The property is centrally located with easy access to US-1, the Florida Turnpike, and the Metrorail, supporting convenient commutes for residents. The zoning also allows for additional units to be built on the large lot.

As configured, the duplex provides two rental-ready units while retaining development flexibility under current zoning allowances.

Key Highlights

  • Two‑unit duplex built in 1958, with 2 bedrooms and 1 bathroom in each unit
  • Brand new roof
  • Updated exterior with modern finishes

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 $38.7k $31.80
− Vacancy −$2.0k −$1.65
EGI $36.7k $30.15
− OpEx −$11.0k −$9.04
NOI $25.7k $21.10
1,216 SF · lease $31.80/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$366.6K
$320.8K – $427.7K (±1% cap)
NOI $25,661 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$320.2K
$280.2K – $373.6K (±1% cap)
NOI $22,416 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$616.9K
$539.8K – $719.8K (±1% cap)
NOI $43,185 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Law Firm Computer & Electronic Repair Pharmacy Wine and Liquor Store Acupuncture (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two-unit duplex with updated exterior and brand new roof, offering two bedrooms and one bath per unit.
Where is this duplex located?
The property is located at 10540 SW 172nd St Miami, FL.
What is the asking price?
The asking price for this property is $628,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1958, with 2 bedrooms and 1 bathroom in each unit; Brand new roof; Updated exterior with modern finishes
More about this property
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