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
Price:
$1,800,000
MLS #:
A12068193
Status:
Active
Beds:
0
Baths:
0
Address:
3191 SW 23rd St
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
MIAMI SUBURBAN ACRES
Neighborhood:
miamisuburbanacres
City:
Miami
Listed Date:
Mar 26, 2026
State:
FL
Finished Sq Ft:
4,452
Total Sq Ft:
4,452
ZIP:
33145
Year Built:
1969
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Tile
Heating
Window/ Wall
Exterior
Architectural Style
Detached
Construction Materials
C B S Construction
Parking Spots
10
Roof
Flat Tile
Financial
Tax Year
2025
Taxes
$17,544
Map
Community
- Address3191 SW 23rd St Miami FL
- SubdivisionMIAMI SUBURBAN ACRES
- CityMiami
- CountyMiami-Dade County
- Zip Code33145
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