Back to Listing
3191 SW 23rd St, Miami FL 33145

Commercial Sale

3191 23rd St

Miami, FL 33145

ML#:A11991115
List Price:$1,800,000
Status:Active
Days on Market:73
Listing Brkr:1st Florida Homes
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:7325 sqft
Year Built:1969
Stories:2

General Information

Type Property:Commercial Sale
Style:Income/MultiFamily
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33145
Subdivision:
Latitude:25.748535
Longitude:-80.245928

Additional Features

Flooring:Tile
Heating:Wall/Window Units
Cooling:Wall/Window Unit(s)
Construction:CBS Construction
Waterfront:No
Security:Smoke Detector(s), Security Fence

Financial Information

Annual Taxes (2025):$17,544
Original Price:$1,950,000
Days on Market:73

Remarks

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.

Listing Agent

Hillevi Simon

1st Florida Homes

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 604-3276

Call NowWhatsApp