$1,580,000

For sale

3191 SW 23rd St, Miami FL 33145

4,452 sq ftBuilt 1969MLS# A12096429

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About this property

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.

Property details

Property type
Multi-family
Year built
1969
Living area
4,452 sq ft
Price per sq ft
$355
Property taxes
$17,544/yr
Parking
10 spaces
Building / community
Miami Suburban Acres
Status
For sale
MLS #
A12096429

Listing courtesy of 1st Florida Homes.

Location

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