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South Miami Duplex For Sale

10601 Southwest 172nd Street Miami, FL 33157

10601 Southwest 172nd Street, Miami, FL, 33157
$549,000
For Sale
Claim this Listing
$549,000

Duplex in desirable South Miami location near Kendall.

Property Size1,056 SF
Price / SF$519.89
AddedMar 13
Days on Market126
Last RefreshJul 15 at 7:58 pm

Property Features for 10601 Southwest 172nd Street

General Information

Standard status
Active
Size
1,056 SF
Property subtype
Residential Income / Duplex

Building Details

Year Built
1954

Listing office BrokerNation Real Estate

Listing date Mar 13, 2026

Source Compass

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 BrokerNation Real Estate


Investment Insights

Based on property information with market context.

This duplex is located in a desirable area of South Miami, offering proximity to Kendall. Unit 10601 features new flooring and fresh interior paint. Both units offer a layout with natural light and a quiet residential setting. The property is located close to shops, schools, parks, and major roads. This property may be suitable for investors or those seeking property in a growing area.

Key Highlights

  • Desirable South Miami location, minutes from Kendall.
  • Duplex property: Ideal for investors or owner‑occupants seeking rental income.
  • Unit 10601 features brand‑new flooring and fresh interior paint.

Local 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 $33.6k $31.80
− Vacancy −$1.7k −$1.65
EGI $31.8k $30.15
− OpEx −$9.6k −$9.04
NOI $22.3k $21.10
1,056 SF · lease $31.80/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$318.3K
$278.6K – $371.4K (±1% cap)
NOI $22,284 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$278.1K
$243.3K – $324.4K (±1% cap)
NOI $19,466 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$535.8K
$468.8K – $625.1K (±1% cap)
NOI $37,503 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

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

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

FAQs

What type of property is this?
Duplex - Duplex in desirable South Miami location near Kendall.
Where is this duplex located?
The property is located at 10601 Southwest 172nd Street Miami, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Desirable South Miami location, minutes from Kendall.; Duplex property: Ideal for investors or owner‑occupants seeking rental income.; Unit 10601 features brand‑new flooring and fresh interior paint.
Contact an agent
More about this property
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