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3191 23rd St, Miami, FL 33145
Offering:
For Sale
Location:
Miami, FL 33145
Status:
Active
$1,800,000
Details
Year built:
1969
Lot size:
7,325 sq ft
Levels:
Two
Stories:
2
Days on market:
153
Annual tax (2025):
$17,544
Type:
Multi-family
MLS ID
A11991115
Virtual tour:
Listed by:
1st Florida Homes (RSVH01)
Listing office phone:
Listing office email:
Listing agent:
Hillevi Simon (3306526)
Features
Utilities
Water source:
Public
Sewer:
Public Sewer
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.
Price history
$1,950,000 → $1,800,000
·
Reduced by
$150,000 (7.7%) · 2 price changes
Location
3191 SW 23rd StMiami, FL 33145
MLS information
Last updated Aug 26, 2026
Deemed reliable but not guaranteed.
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