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10601 SW 172nd St, Miami, FL, 33157
Move-In Ready Duplex Residence

10601 SW 172nd St Miami, FL 33157

For Sale
Contact for pricing

Duplex with two units, including refreshed Unit 10601 with new flooring and fresh interior paint.

Property Size1,136 SF
Price / SF$484.15
Days on Market155

Property Features for 10601 SW 172nd St

General Information

Standard status
Active
Size
1,136 SF
Property subtype
Multifamily

Building Details

Year Built
1954
Listing Agency: BrokerNation Real Estate
Listed By: Dafne Lucero · License #3210549
Source: Crexi
Added: Feb 19 Changed: Jul 23 Last Checked: Jul 23 at 6:44AM

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 features two residential units with a practical layout and natural light throughout. Unit 10601 has been updated with brand-new flooring and fresh interior paint, creating a clean, move-in-ready condition.

The property is located at 10601–10603 SW 172 St in Miami, placing it close to shops, schools, parks, and major roads, with Kendall just minutes away.

As a residential income property, it offers a straightforward duplex configuration for buyers seeking an owner-occupied or investment-oriented setup.

Key Highlights

  • Duplex built in 1954 with two units at 10601–10603 SW 172 St
  • Unit 10601 refreshed with brand‑new flooring and fresh interior paint
  • Both units feature a functional layout and natural light

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 $36.1k $31.80
− Vacancy −$1.9k −$1.65
EGI $34.2k $30.15
− OpEx −$10.3k −$9.04
NOI $24.0k $21.10
1,136 SF · lease $31.80/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$342.5K
$299.7K – $399.5K (±1% cap)
NOI $23,972 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$299.2K
$261.8K – $349.0K (±1% cap)
NOI $20,941 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$576.3K
$504.3K – $672.4K (±1% cap)
NOI $40,344 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

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

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

FAQs

What type of property is this?
Duplex - Duplex with two units, including refreshed Unit 10601 with new flooring and fresh interior paint.
Where is this duplex located?
The property is located at 10601 SW 172nd St Miami, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Duplex built in 1954 with two units at 10601–10603 SW 172 St; Unit 10601 refreshed with brand‑new flooring and fresh interior paint; Both units feature a functional layout and natural light
(305) 895-1917 Call to check price and availability
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