2369 SW 17th Ter, Miami FL 33145

Located in the desirable Cleveland Terrace subdivision of Miami-Dade County, this fully renovated residential income property offers an outstanding opportunity for investors. Built in 1924, the Cleveland Terrace Quadruplex features approximately 2,320 square feet of living area and is designed for strong rental performance with minimal deferred maintenance.
The property is currently generating approximately $10,000 per month in gross rental income, with additional revenue from the on-site laundry facility. Each unit benefits from central air conditioning, central and electric heating, and practical interior stairs. The renovation creates a turnkey investment with excellent tenant appeal and immediate cash flow.
A major highlight is the property’s future expansion potential. The owner is currently working through the permitting process for an additional fourplex on the site. Permits are in final review, and construction is expected to begin after approval. Once completed, the new building is projected to generate approximately $10,000 more per month, potentially increasing total gross income to about $20,000 monthly.
The central location provides easy access to Coral Gables, Brickell, Downtown Miami, major highways, shopping, restaurants, and key employment centers. Miami also offers year-round warm weather, beautiful beaches, vibrant nightlife, cultural attractions, professional sports, and a well-connected transportation infrastructure.
For portfolio investors, 1031 exchange buyers, or anyone seeking long-term growth in Miami’s strong multifamily market, 2369 SW 17th Ter, Miami FL 33145 presents a rare combination of current income and future upside.
Contact us today at +1 786.468.4380 by phone or Tel/WhatsApp for more information or to schedule a private showing.