3191 SW 23rd St, Miami, FL 33145

Miami
Local realty services provided by:Countywide Properties ERA Powered
3191 SW 23rd St,Miami, FL 33145
$1,800,000
  • - Beds
  • - Baths
  • 4,452 sq. ft.
  • Multi-family
  • Active
Listed by: hillevi simon
Office: 1st florida homes954-989-4909
MLS#:A12068193
Source:SEFMLS

Price summary

  • Price:$1,800,000
  • Price per sq. ft.:$404.31

About this home

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.

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Home facts

  • Year built:1969
  • Subdivision & Development:MIAMI SUBURBAN ACRES
  • Listing ID #:A12068193
  • Updated:August 10, 2026 at 04:53 AM

Rooms and interior

  • Flooring:Tile
  • Living area:4,452 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Flat, Tile
  • Year built:1969
  • Building area:4,452 sq. ft.
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Exterior Features:Storm Security Shutters
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,800,000
  • Price per sq. ft.:$404.31
  • Tax amount:$17,544 (2025)

Parking

  • Total parking spaces:10
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