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0 Baths
2,264 sqft

$1,590,000

1997 SW 17th Court, Miami FL, 33145

Price per sqft$702.30
Built in1940
Property size2,264 sqft
Property typeMulti-family

Overview

Active

Listed Sep 8, 2026

Updated 2 weeks ago

Investors, builders, and developers. Exceptional income-producing property situated on an oversized 9,243 square foot corner lot in Miami's desirable Shenandoah Coral Way area. Outstanding central Miami location near Coral Gables, Coral Way, Little Havana, Brickell, Downtown Miami, Miami International Airport, LoanDepot Park, and Miami Freedom Park. "Zoned Duplex" " Two separate, legally permitted detached residences on one lot. Front residence:4 bed, 3 bath, leased at $3,000 per month through March 2027. Rear residence:1 bed, 1 bath, leased at $1,800 per month month-to-month. Current combined gross rental income totals $4,800 per month or $57,600 annually, providing immediate cash flow while planning future redevelopment. Zoned T3-O with Duplex Residential Future Land Use, offering significant redevelopment potential, subject to City of Miami approval. Conceptual renderings for marketing purposes only illustrate one possible redevelopment with two substantial two-story residences and a shared private pool courtyard. "An exceptional opportunity to collect income today while planning tomorrow's redevelopment." Buyer and buyer's agent to verify zoning, permitted uses, development potential, setbacks, dimensions, and all governmental requirements. See Zoning Verificatio Letter in attachments.

$10,578/mo

Est. mortgage payment based on a $1,590,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$17,232
Tax Frequency
Annually

Listed with GTR Realty, Inc.

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Data last updated 12:43 PM UTC, 9/23/2026

 

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