$910,000
SOLD MAY 15, 2023

2385 SW 17th St Miami, FL 33145

Coral Way Neighborhood
-- Bed
-- Bath
2,307 Sq Ft
1930 Built

Recently Sold

$394 Per Sq Ft

7% Below List Price

288 Days on Market

Highlights

  • No HOA
  • Porch
  • Tile Flooring
  • Balcony
  • Cooling System Mounted To A Wall/Window
  • Outdoor Grill

About This Home

As of May 2023

13% CAP RATE WITH AIRBNB OR 7% WITH CURRENT ANNUAL LEASES! Buyer can be cash or financing ONLY!! Renovated including brand new roof on both buildings! Property has 2 buildings; main building is 2/2 plus den/office on upper floor($2700), and 2 units 1/1 ground level($1400). The second building is a large 1/1 ($1600). Completely fenced lot has 5 private parking spaces inside plus plenty of street parking. 3 electrical meters & 1 for water. All tenants are mo to mo, rents are below market rent. CHECK COMPS, NO better deal under $1M anywhere in this area. Check attached docs for rent pro-formas & survey. Over $7100 a month of income!

Last Agent to Sell the Property

Ricky Kallabat

Keller Williams Capital Realty License #3254287 Listed on: 07/27/2022

Keller Williams Capital Realty

Co-Listed By

Kelly Gonzalez

Keller Williams Eagle Realty License #3320665

Last Buyer's Agent

Alexandra Zeidan

Douglas Elliman License #3331077

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,186

Year Built

  • Built in 1930

Lot Details

  • Fenced

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Shingle Roof
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,307 Sq Ft Home
  • 2-Story Property
  • Blinds

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $76,800
  • Rent includes pest control, sewer, trash collection, water
  • Assessor Parcel Number 01-41-10-027-0500

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Vedado Condos
  • Vedado Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $22,560
  • Net Operating Income $54,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,186

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1930
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Co List Office Mls Id: KWER01
  • Co List Office Phone: 305-757-1700
  • Directions: Use the GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: VEDADO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Yn: No
  • Flooring: Carpet, Other, Tile
  • Living Area: 2307
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Roof: Flat Tile, Shingle
  • Exterior Features: Balcony, Barbeque, Fruit Trees, Exterior Lights
  • Construction Type: CBS Construction, Other
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: VEDADO
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-10-027-0500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Pest Control, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 54240
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 22560
  • Total Actual Rent: 76800

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6186

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $1,075,000 +18.1% --
05/15/2023 05/15/23 Sold $910,000 -4.2% $394 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
11/07/2022 11/07/22 Price Changed $950,000 -1.0% $412 / Sq Ft
10/17/2022 10/17/22 Price Changed $960,000 -1.0% $416 / Sq Ft
09/28/2022 09/28/22 Price Changed $970,000 -0.7% $420 / Sq Ft
09/04/2022 09/04/22 For Sale $977,000 0.0% $423 / Sq Ft
09/04/2022 09/04/22 Off Market $977,000 -- --
08/19/2022 08/19/22 Price Changed $977,000 +0.2% $423 / Sq Ft
07/27/2022 07/27/22 For Sale $975,000 -- $423 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Miguel Solis

    Seller's Agent in 2025

    Miguel Solis

    Douglas Elliman

    (305) 343-9554

    7 in this area

    133 Total Sales

    Miguel Solis
    Section Image
  • Ricky Kallabat

    Seller's Agent in 2023

    Ricky Kallabat

    Keller Williams Capital Realty

    (321) 236-2568

    2 in this area

    109 Total Sales

    Ricky Kallabat
    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kelly Gonzalez

    Keller Williams Eagle Realty

    Section Image
  • Alexandra Zeidan

    Buyer's Agent in 2023

    Alexandra Zeidan

    Douglas Elliman

    (973) 563-9439

    4 in this area

    93 Total Sales

    Alexandra Zeidan
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11246376

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33145 Coral Way

2385 SW 17th St, Miami, FL

This home is located at 2385 SW 17th St, Miami, FL 33145 and is currently priced at $910,000, approximately $394 per square foot. This property was built in 1930. 2385 SW 17th St is a home located in Miami-Dade County with nearby schools including Shenandoah Elementary School, Shenandoah Middle School, and Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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