3191 SW 23rd St, Miami, FL 33145
Local realty services provided by:Countywide Properties ERA Powered
Listed by: hillevi simon
Office: 1st florida homes954-989-4909
MLS#:A12096429
Source:SEFMLS
Price summary
- Price:$1,580,000
- Price per sq. ft.:$354.9
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 #:A12096429
- Updated:September 28, 2026 at 01:28 PM
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:$1,580,000
- Price per sq. ft.:$354.9
- Tax amount:$17,544 (2025)
Parking
- Total parking spaces:10
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