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$700,000
171 NE 117th Street
Miami, FL 33161
MLS# B26024455
Status: Pending
2415 sqft


20231119_165422
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Property Description
Don't miss this excellent duplex investment opportunity located in a convenient and growing area of Miami. This property offers immediate income potential and long-term upside, making it ideal for both seasoned investors and owner-occupants. The duplex features two separate living units, each with its own private entrance and functional layout. One side is currently rented, providing instant rental income, while the other unit offers flexibility for additional income, personal use, or future value-add improvements.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-05-05
Status: Pending
Original List Price: 725000
List Price: $700,000
Current Price: $700,000
Listing Service: Full Service
Location and Legal
County Or Parish: Miami-Dade
Municipality Type: Incorporated
Municipal Code: 30
Geographic Area: DADE
Subdivision Number: 25
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 171
Street Direction Prefix: NE
Street Name: 117th
Street Suffix: Street
State Or Province: FL
Postal Code: 33161
Postal Code +4: 6641
Subdivision Name: LA PALOMA
Area: 2220
Elementary School: Hubert O. Sibley K-8 Academy
Middle Or Junior School: North Miami
High School: North Miami
Parcel Number: 3021360251010
Zoning: 5700
General Property Information
Number Of Units Total: 2
Adjusted Area Main: 1949
Living Area Main: 1765
Living Area Source: Public Records
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 2
Lot Size Area: 10275
Senior Community YN: No
Stories Total: 1
Pool Private YN: No
LP/Assessed Value: 2.19
Property Sub Type: Duplex
Building Area Main: 2415
Building Area Source: Public Records
Year Built: 1965
Lot Size Acres: 0.24
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 319154
Assessor Market Value: 503538
Tax Annual Amount: 7816.47
Tax Year: 2025
Tax Legal Description: LA PALOMA PB 8-44 E1/2 LOT 22 & ALL LOT 23 BLK 7 PER UNITY OF TITLE PR ADD 171-173 NE 117 ST LOT SIZE 75.000 X 137 OR 11226-1755 0981 4
Office/Member Information
DXORIGMLSID: RML
Exterior Features
Other: 1
Flooring
Other: 1
Foundation Details
Block: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Documents Available
Copy Of Lease(s): 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Separate Electric Meters: 2
Tenant Pays
Cable TV: 1
Electricity: 1
Possession
Close Of Escrow: 1
Sewer
Septic Tank: 1
Utilities
Cable Available: 1
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: 1
Construction Materials
Concrete: 1
Laundry Features
Laundry Room: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Roof
Other: 1
Water Source
Public: 1
Cooling
Central Air: 1
Showing Requirements
24 Hour Notice: 1
Schedule Online: 1
Main Living Area
Entry Level: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
See Remarks: 1
Tax Information
No Homestead: 1
Contingencies
Inspection: 1
Unit 1 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 1900
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 883
Unit 1 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-06-30
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Unit 2 Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1900
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 883
Unit 2 Lease Description
Currently Leased YN: No
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Open Parking: 1
Unit 2 Rooms
Family Room: 1
Kitchen: 1
Price Calculations
Current Price To SqFt: 396.6
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-10-25T16:33:26Z
Major Change Type: Status Change
Price Change Timestamp: 2026-08-22T14:01:21Z
Status Change Date: 2026-10-25
Under Contract Type: Pending
Under Contract Date: 2026-10-01
Originating Details
Originating System Key: 20260505164352061560000000
Originating System ID: M00000170
Property Features
Documents Available: Copy Of Lease(s)
Exterior Features: Other
Flooring: Other
Foundation Details: Block
Leasing Permitted Details: Okay To Lease
Property Condition: Resale
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity
Construction Materials: Concrete
Cooling: Central Air
Heating: Central
Laundry Features: Laundry Room
Levels: One
Listing Terms: Cash; Conventional; FHA; VA Loan
Main Living Area: Entry Level
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Close Of Escrow
Restrictions: See Remarks
Roof: Other
Sewer: Septic Tank
Tax Information: No Homestead
Utilities: Cable Available; Electricity Available; Sewer Available; Water Available
Water Source: Public
Showing Requirements: 24 Hour Notice; Schedule Online
Unit 1 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Family Room; Kitchen
Unit 2 Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Family Room; Kitchen
Contingencies: Inspection
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Supplements
Each unit offers comfortable living spaces with practical layouts, making them attractive to tenants seeking affordability and convenience in a central location. The property sits on a spacious lot with room for parking and outdoor use. Located near major roadways, shopping, dining, schools, and public transportation, this property provides easy access to everything Miami has to offer. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this duplex presents a fantastic opportunity—schedule your showing today!

IDX
Listing Office: TruDeals Realty Corp
Source MLS Verified

Last Updated: October - 25 - 2026

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