For sale
Photo 1 of 56$1,580,000
For sale3191 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
