2740 SW 23rd St, Miami, FL 33145

Miami
Local realty services provided by:First Service Realty ERA Powered
2740 SW 23rd St,Miami, FL 33145
$1,449,000
Virtual Tour
  • - Beds
  • - Baths
  • 4,761 sq. ft.
  • Multi-family
  • Pending
Listed by: eric farmelant, andres perez-cervera
Office: compass florida, llc.
MLS#:A11920863
Source:SEFMLS

Price summary

  • Price:$1,449,000
  • Price per sq. ft.:$254.39

About this home

Exceptional investment opportunity delivering a strong cap rate with long-term tenants already in place. All units are on month-to-month leases, providing immediate flexibility to reposition, raise rents, or redevelop in a high-barrier, high-demand market. Built in 1988, this concrete construction with PVC plumbing offers approximately 5,000 sq ft of living area on a 7,500 sq ft duplex-zoned lot. The property provides an impressive footprint and scale that are rarely available in this corridor. Situated in the booming Silver Bluff neighborhood—directly across from Publix and just minutes from COCONUT GROVE AND CORAL GABLES—the location is a premium rental zone with extremely limited affordable inventory. This ensures constant tenant demand and virtually zero vacancy risk. Multi-year tenants provide proven cash-flow stability, while the 3-story new-construction townhomes rising directly behind the property highlight the area’s rapid appreciation. This is a rare opportunity to secure a...

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Home facts

  • Year built:1988
  • Listing ID #:A11920863
  • Updated:March 19, 2026 at 07:37 AM

Rooms and interior

  • Flooring:Tile
  • Living area:4,761 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Window Units
  • Heating:Central, Wall Furnace
  • Central air:Yes

Structure and exterior

  • Roof:Barrel
  • Year built:1988
  • Building area:4,761 sq. ft.
  • Construction Materials:Block
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,449,000
  • Price per sq. ft.:$254.39
  • Tax amount:$21,681 (2024)

Parking

  • Total parking spaces:6
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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