$275,000
PENDING

251 NW 177th St Miami, FL 33169

Norwood Neighborhood

Estimated payment $2,337/month

Total Views 2,724
-- Bed
-- Bath
880 Sq Ft
$312 Price per Sq Ft

About This Home

For investors looking for a high cap rate of around 9% gross. 2 studios units for sale with a combined income of $2850 per month. 2 separated folios but both are selling together. Each unit has 440 sqft for a total of 880 sqft. Currently Rented. Low Maintenance $240/each. Great inside condition.

Listing Agent

Fabian Gonzalez

Miami Pro Brokers, LLC License #3081591

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 1971

HOA Fees

  • $480 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 880 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes hot water, sewer, trash collection, water
  • Assessor Parcel Number 34-21-12-037-0090

Community Details

Overview

  • New World Condo Apts Iii Condos
  • New World Condo Apts Iii Subdivision

Building Details

  • Operating Expense $9,660
  • Net Operating Income $24,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,900

Year Built

Built in 1971

Lot Details

0

HOA Fees

$480 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: NEW WORLD CONDO APTS III
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Vinyl
  • Living Area: 880
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: Other Lot Description
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NEW WORLD CONDO APTS III
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 480
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 34-21-12-037-0090
  • Zoning: 6200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 24540
  • Number Of Units In Community: 1
  • Annual Operating Expense: 9660
  • Total Actual Rent: 2850

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3900

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,831 $77,198 -- --
2023 $1,831 $70,180 $0 $0
2022 $1,548 $63,800 $0 $0
2021 $1,398 $58,000 $0 $0
2020 $1,362 $56,210 $0 $0
2019 $1,250 $51,100 $0 $0
2018 $1,293 $53,751 $0 $0
2017 $1,074 $43,700 $0 $0
2016 $678 $22,107 $0 $0
2015 $597 $20,098 $0 $0
2014 $578 $18,271 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $275,000 -- $313 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $75,000 Brokers Title Group Llc
Warranty Deed $45,000 Brokers Title Group Llc
Quit Claim Deed -- None Available
Corporate Deed $14,000 Attorney
Corporate Deed $14,000 Attorney
Trustee Deed $3,800 None Available
Interfamily Deed Transfer -- Esq Title Company
Warranty Deed $26,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 Construction
Previous Owner $49,000 Unknown
Previous Owner $33,000 Fannie Mae Freddie Mac
Previous Owner $26,346 FHA
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11742309

MIAMI REALTORS® MLS

APN: 34-2112-037-0090

Florida Miami/Dade County Miami 33169 Norwood

251 NW 177th St, Miami, FL

Homes for Sale in Miami, FL

This home is located at 251 NW 177th St, Miami, FL 33169 and is currently priced at $275,000, approximately $312 per square foot. This property was built in 1971. 251 NW 177th St is a home located in Miami-Dade County with nearby schools including Parkway Elementary School, Norland Middle School, and Miami Norland 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.

Fabian Gonzalez
Listing Agent
Fabian Gonzalez
Section Image
Miami Pro Brokers, LLC
(786) 247-0822