Miami, FL 33145 3191 SW 23rd St
$1,800,000
51 more
Presented By: This listing is courtesy of 1st Florida Homes
Beds • 1
SQFT • 4,452
Home Details
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.
Presented By: This listing is courtesy of 1st Florida Homes
Interior Features for 3191 SW 23rd St
Bedrooms
Total Bedrooms1
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
General for 3191 SW 23rd St
CityMiami
Construction MaterialsBlock
CoolingWall/Window Unit(s)
CountyMiami-Dade
DirectionsGoogle Maps
Full Baths
HeatingWindow Unit, Wall Furnace
Legal DescriptionMIAMI SUBURBAN AC PB 2-84 W1/2 OF S1/2 LOT 12 BLK 3 LOT SIZE 7325 SQUARE FEET OR 15319-3680 1291 1
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet7325
Lot Size UnitsSquare Feet
MLS Area41
Number Of Units Total6
Occupancy TypeTenant
Ok to LeaseMonth To Month
PossessionClosing & Funding, Close Of Escrow
PostalCityMiami
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeCommercial Sale
RoofTile
Security FeaturesFenced, Smoke Detector(s)
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Structure TypeMulti Family
Tax Annual Amount17544
Tax Year2025
Tenant PaysElectricity
Virtual TourClick here
Year Built1969
Year Built DetailsResale
Zoning Description5700
Exterior for 3191 SW 23rd St
Building Area Total4452
Covered Spaces
Exterior AmenitiesStorm/Security Shutters
Lot Size Area7325
Number of Buildings1
Number of Separate Electric Meters6
Parking FeaturesAssigned, Other
Road Frontage TypeCity Street
Water SourcePublic
Waterfront Y/NNo
