3191 SW 23rd St, Miami FL 33145
- $1,800,000
- $1,800,000
Overview
- Quadruplex
- 4452 Square Feet
- 1969
Description
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.
Address
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Address: 23rd St
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State/county: Miami-Dade County
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Zip/Postal Code: 33145
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Area: Miami, Miami Suburban Acres
Details
Updated on August 21, 2026 at 5:56 pm-
Property ID A12068193
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Price $1,800,000
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Property Size 4452 Square Feet
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Year Built 1969
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Property Type Quadruplex
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Property Status Active, Residential Income
Additional details
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ArchitecturalStyle Detached
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BuildingAreaTotal 4452
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BuildingAreaUnits Square Feet
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BuildingName MIAMI SUBURBAN ACRES
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ConstructionMaterials CBS Construction
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ContractStatusChangeDate 2026-03-26
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Cooling Wall/Window Unit(s)
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DaysOnMarket 137
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Directions Google Maps
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DocumentsAvailable Rent Rolls
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ExpirationDate 2026-09-26
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Flooring Tile
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Heating Window/Wall
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 305-619-4435
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ListAgentEmail realty@hillevisimon.com
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ListAgentFullName Hillevi Simon
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ListAgentKey fc728084884c615dbc8a741a7ca7b4f5
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ListAgentMlsId 3306526
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ListAgentOfficePhone 954-989-4909
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ListAgentStateLicense 3306526
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ListOfficeFax 877-398-8007
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ListOfficeKey fd9792676aa8ac984ae7f464406a4a66
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ListOfficeMlsId RSVH01
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ListOfficeName 1st Florida Homes
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ListOfficePhone 954-989-4909
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2026-03-26
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ListingKey 5ad42f076767603cb00e76fdf06d9c2c
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ListingTerms All Cash
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LotFeatures Less Than 1/4 Acre Lot
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LotSizeSquareFeet 0
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MajorChangeTimestamp August 10, 2026 at 02:22am
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp August 10, 2026 at 07:00am
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NumberOfUnitsInCommunity 4
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OnMarketDate 2026-03-26
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OriginalEntryTimestamp August 10, 2026 at 02:22am
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OriginalListPrice 1800000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 01-41-16-008-0450
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ParkingTotal 10
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PhotosChangeTimestamp August 10, 2026 at 02:54am
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PhotosCount 55
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Possession Funding
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PostalCode 33145
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PostalCodePlus4 3155
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PriceChangeTimestamp August 10, 2026 at 02:22am
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PublicSurveyRange 41
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PublicSurveySection 16
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PublicSurveyTownship 41
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RentIncludes None
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Roof Flat Tile
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Sewer Public Sewer
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ShowingContactType Agent
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ShowingInstructions 24 Hour Notice, Appointment Only, Call Listing Agent
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SourceSystemKey 546165618
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StateOrProvince FL
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StatusChangeTimestamp August 10, 2026 at 02:22am
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Stories 2
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StoriesTotal 2
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StreetDirPrefix SW
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StreetName 23rd St
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StreetNumber 3191
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StreetNumberNumeric 3191
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StructureType Quadruplex, Fourplex
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SyndicationRemarks 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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TaxAnnualAmount 17544
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TaxLegalDescription MIAMI SUBURBAN AC PB 2-84 W1/2 OF S1/2 LOT 12 BLK 3 LOT SIZE 7325 SQUARE FEET OR 15319-3680 1291 1
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TaxYear 2025
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WindowFeatures Complete Accordian Shutters
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YearBuiltDetails Resale
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Zoning 5700
Features
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