1501 NW 23rd St, Miami FL 33142

Closed

$3,950,000

12.22%

Est. Payment $21,024/mo

MLS Sheet Video

1982

Year Built

273

Days on Market

Description

This operating cold storage facility is a rare find in Allapattah and an incredible opportunity in the Miami Produce District. The property offers a full or partial owner/user to have multi-tenant possibilities. As a true workhorse warehouse, there are multiple loading docks, ramped access, and parking which add enormous utility and value. There are presently three tenants in place, all on month-to-month leases. Their leases may be re-renegotiated or this exceptional property may be delivered vacant at closing. Note: There are presently 2 industrial coolers and 1 freezer in operation inside the building. Dimensions: COOLER #1 = 21’ x 38’ x 19’ Height = 798 SF COOLER #2 = 35’ X 61’ X 19’ Height = 2,135 SF FREEZER = 14’ x 24’ x 9’ Height

Facts

MLS#
A11252325
Subdivision
Property Type
Commercial Sale
Property Sub Type
Industrial
Year Built
1982
Lot Size
21,780 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
273 days
Listed
Aug 1, 2022
Last Updated
May 25, 2023
Price/Lot Sq.Ft.
$181/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

70

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/25/2023Sold$3,950,000
11/2/2022Price change$3,950,000-12.2%
8/1/2022Listed for sale$4,500,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1501 NW 23rd St, Miami FL 33142Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$24,465/mo

Principal & Interest

$21,024

Property Tax

$3,292

Insurance

$150

HOA

$0

20% ($790,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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