Description
Prime 6-unit multifamily investment opportunity in a high-demand Miami location, just minutes from Coral Gables, Coconut Grove, and Downtown. Property features a mix of 2-bedroom/1-bath and 1-bedroom/1-bath units on a 7,325 SF lot. Fully occupied with long-term tenants, providing stable in-place income. Current rents are below market, offering significant value-add potential and strong upside through rent repositioning. Recent capital improvements include updated electrical panels, completed 40-year recertification, and hurricane shutters. Ample on-site parking with additional street parking. Centrally located with immediate access to major roadways, employment centers, and Miami International Airport. Pro forma cap rate available upon request.
Details
| MLS # | A11991115 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 162 |
| Listing Provided By | 1st Florida Homes | Hillevi Simon |
Features
| SQ Feet | 4,452 |
|---|---|
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 1 |
| Zoning | 5700 |
| Acreage | 0.17 |
Exterior
| Lot Features | Residential Lot |
|---|
Parking
| Parking Features | Assigned, Other |
|---|
Taxes
| Tax Annual Amount | 17544 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33145 |
| Area | 2410 |
| Listing VS Median (in 33145) | |
Price: $1,800,000 low | high Med: $325,000 sqft: 4,452 low | high Med: 871 $ / sqft: $404 low | high Med: $374 On site: 162 low | high Med: 36.5 | |
Market Activity 33145
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33145 |
| Area | 2410 |
| Listing VS Median (in 33145) | |
Price: $1,800,000 low | high Med: $325,000 sqft: 4,452 low | high Med: 871 $ / sqft: $404 low | high Med: $374 On site: 162 low | high Med: 36.5 | |
 | $1,800,0003191 Sw 23rd StreetMiami, FL 33145 |
 | $1,800,0003191 Sw 23rd StMiami, FL 33145 |