955 W 23rd Street, Hialeah, FL 33010

Hialeah
Local realty services provided by:Reliant Realty ERA Powered
955 W 23rd Street,Hialeah, FL 33010
$1,250,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,544 sq. ft.
  • Multi-family
  • Active
Listed by: mauricio villasuso, marcel perez
Office: fausto commercial realty consultants inc
MLS#:A11993310
Source:RMLS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$352.71

About this home

This 1969 four-plex is situated on a prime corner lot, offering a high-yield, turnkey acquisition for investors targeting one of Miami’s most resilient rental sub-markets. The building consists of four spacious 2-bedroom, 1-bathroom units, featuring a private and functional layout of two units per floor. The asset has been significantly de-risked with major capital improvements, including a new roof (2025), a completed 40-year recertification, and on-site laundry facilities. Each unit is equipped with individual mini-split AC systems, allowing for decentralized maintenance and efficient utility management.The property presents a compelling value-add opportunity, as current rents sit significantly below the local market average. With a current monthly gross of $5,500 and a conservative pro forma potential of $8,400/mo, an investor can realize an immediate increase in NOI through lease renewals and minor cosmetic updates. The building's CBS construction and placement on a 5,300 SF...

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Home facts

  • Year built:1969
  • Listing ID #:A11993310
  • Added:27 day(s) ago
  • Updated:June 15, 2026 at 02:45 PM

Rooms and interior

  • Flooring:Terrazzo
  • Living area:3,544 sq. ft.

Heating and cooling

  • Cooling:Electric, Wall Window Units
  • Heating:Electric, Heat Pump

Structure and exterior

  • Roof:Concrete
  • Year built:1969
  • Building area:3,544 sq. ft.
  • Construction Materials:Block
  • Exterior Features:Lighting

Schools

  • High school:Westland Hialeah
  • Middle school:Henry H. Filer
  • Elementary school:James H. Bright / J.W. Johnson

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$352.71
  • Tax amount:$11,990 (2025)

Parking

  • Total parking spaces:4
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