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Single Family Residence
$849,000$617 / sqft
2231 SW 17th St, Miami FL 33145
Listed
2
Bedrooms
3
Bathrooms
1,375 sqft
Interior
1925
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome to Old Spanish charm located in the heart of Shenandoah, one of Miami's most desirable and centrally located neighborhoods. This updated home features hardwood floors, arched entryways, impact windows and doors, and a bright, open living and dining area filled with natural light. The kitchen offers ample cabinetry, stainless steel appliances, and functional space for everyday living. The primary bedroom has been renovated, and both bathrooms have been fully updated with modern finishes, creating a clean and move-in-ready feel. The garage has been converted into a third bedroom, adding valuable additional living space and flexibility for a home office, guest room, or a growing household. The property also includes a private backyard and covered patio, perfect for outdoor enjoyment. Centrally located, this Shenandoah home offers character, updates, and convenience in one of Miami's most established residential areas. The property is currently tenant-occupied with a lease in place through June 30, 2027.
Features
- First Floor Entry
- Cooking Island
- French Doors
- Stacked Bedroom
- Atrium
- Florida Room
- Garage Apartment
- Utility/Laundry In Garage
- Fruit Trees
- Other
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 154 active listings; the middle half ask $2,400–$3,640.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.