3191 SW 23rd Street, Miami, FL 33145
- $1,800,000
- 4,452
- SqFt
- List Price
- $1,800,000
- Days on Market
- 136
- MLS#
- A12068193
- Sq. Ft
- 4,452
- Subtype
- Quadruplex
- County
- Miami-Dade
- Subdivision
- Miami Suburban Acres
- Year Built
- 1969
Property 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.
Additional Information
- Construction
- Block
- Cooling
- Wall/Window Unit(s)
- Flooring
- Tile
- Heating
- Separate Meters, Wall Furnace
- Roof
- Flat, Tile
- Taxes
- $17,544
- Utilities
- Cable Not Available
- Stories
- 2
- Price Per Sqft
- $404
- Elementary School
- Frances S. Tucker
- High School
- Coral Gables
Mortgage Calculator
Listing courtesy of 1st Florida Homes. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Hillevi Simon | Email: realty@hillevisimon.com