Pending

2637 NW 23rd Court

Miami, FL 33142
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Bed 2

Bed

Bath 2

Bath

SqFt2,003

Sqft

INCOME-PRODUCING DUPLEX WITH TRIPLEX POTENTIAL IN PRIME MIAMI LOCATION (T4-R ZONING)Excellent opportunity to own a cash-flowing duplex in the heart of Miami’s rapidly growing Allapattah area. The property features two 1 bedroom, 1 bathroom + den units, with the den easily convertible into a second bedroom, maximizing both usability and rental potential.Both units are currently occupied, generating $3,400/month in rental income. Current rents are $1,700 per unit, below market value, offering immediate upside through rental increases.The property has undergone extensive recent improvements, including full exterior stucco and paint, roof improvements in 2025, a leveled backyard with new landscaping and turf, and a new chain link fence. Interior updates include fresh paint, a new refrigerator, updated bathroom vanity and toilet, and a new split A/C unit.A standout feature is the detached CBS structure with electrical already in place, providing a near turnkey opportunity to convert into a fully separate third unit. Architectural plans are available, giving the next owner a clear path to expansion without starting from scratch.Zoned T4-R, allowing up to 4 units, with parking up to 6 vehicles. Centrally located just minutes from Wynwood, the Design District, Brickell, and MIA Airport.In-place income, below-market rents ready to be increased, and a near-complete third unit position this property for a significant increase in cash flow and overall return.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $689,000

AD Id : 77532016

MLS Id : A12002456

Beds : 2

Living Area Size : 2,003 Sq. Ft

Tax Amount : $9,426

Year Built : 1959

County : Miami-Dade

Subdivision: Westhaven

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Map

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Feature Features

  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Other, SeparateMeters, WallFurnace Has Cooling: Yes Cooling: Electric, WallWindowUnits

  • Building Information

    Year Built: 1959
    Building Area Total: 2441
    Construction Materials: Block
    Private Pool: No

  • Listing Price Information

    Listing Price: $689000
    Original Price: $720000
    Cash, Conventional, Other

  • Tax Information

    Parcel Number: 0131270260311 Tax Year: 2025 Annual Tax: $9426 Tax Legal Desc: WESTHAVEN PB 6-95 LOT 10 BLK 2 LOT SIZE 40.000 X 135 COC 26431-2604 06 2008 5

  • Parking Information

    Parking Total: 6

  • School Information

    Elementary School: Maya Angelou Junior High School: Brownsville Senior High School: Miami Northwestern
  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2907 NW 48th Street, Miami, FL, 33142 $339,000 -- -- 774 --
2735 NW 27th St, Miami, FL, 33142 $649,000 4 4 2,270 --
2917 NW 48th Street, Miami, FL, 33142 $339,000 -- -- 774 --
2925 NW 48th Street, Miami, FL, 33142 $339,000 -- -- 774 --
2901 NW 48th Street, Miami, FL, 33142 $305,000 -- -- 774 --
2168 NW 28 Street, Miami, FL, 33142 $950,000 11 5 2,822 --
1220 NW & 1222 30th Str.., Miami, FL, 33142 $1,450,000 8 6 3,456 --
1243 NW 29th Terrace, Miami, FL, 33142 $775,000 6 3 1,792 --
1244 NW 32nd Street, Miami, FL, 33142 $1,295,000 4 3 -- --
1230 NW 35th Street, Miami, FL, 33142 $710,000 4 3 1,160 --

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ByOwner last updated this listing 09/17/2026 @ 04:51

MLS: A12002456 LISTED BY: Chabelli Gugliatto, LoKation 954-545-5583 SOURCE: Beaches MLS

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