3191 SW 23rd St
Miami, FL 33145
8
Bed
4
Bath
4,452Sqft
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
Map
Map
Features
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Interior Features
Roof: Flat, Tile -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1969Building Area Total: 4452Construction Materials: BlockStories: 2Pool Features: NonePrivate Pool: No -
Exterior Features
Exterior Features: StormSecurityShutters
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Lot Information
Lot Description: LessThanQuarterAcreProperty Information
Subdivision: MIAMI SUBURBAN ACRES Source Property Type: ResidentialIncome Postal Code Plus 4: 3155 Zoning Description: 5700 Property SubType: Quadruplex Levels: Two Property Age: 57
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Listing Price Information
Listing Price: $1580000Cash
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Tax Information
Parcel Number: 01-41-16-008-0450 Tax Year: 2025 Annual Tax: $17544 Tax Legal Desc: MIAMI SUBURBAN AC PB 2-84 W1/2 OF S1/2 LOT 12 BLK 3 LOT SIZE 7325 SQUARE FEET OR 15319-3680 1291 1
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Parking Information
Parking Total: 10
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Utility Information
CableNotAvailable -
Location Information
Direction: Google Maps
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2278 SW 16th Avenue, Miami, FL, 33145 | $1,498,000 | -- | -- | 3,687 | -- |
| 1631 SW 21st Street, Miami, FL, 33145 | $1,375,000 | -- | -- | 2,355 | -- |
| 1997 SW 17th Court, Miami, FL, 33145 | $1,590,000 | -- | -- | 2,264 | -- |
| 1963 SW 17th Court, Miami, FL, 33145 | $1,100,000 | 5 | 4 | 1,830 | -- |
| 1761 SW 14th Street, Miami, FL, 33145 | $1,600,000 | -- | -- | 3,050 | -- |
| 1419 SW 22nd Avenue, Miami, FL, 33145 | $1,455,000 | -- | -- | 2,755 | -- |
| 2190 SW 14th Terrace, Miami, FL, 33145 | $1,600,000 | 1 | 2 | 3,290 | -- |
| 1536 SW 22nd Avenue, Miami, FL, 33145 | $900,000 | 7 | 6 | 2,080 | -- |
| 1520 SW 22nd Avenue, Miami, FL, 33145 | $1,298,000 | -- | -- | 2,484 | -- |
| 1440 SW 22nd Avenue, Miami, FL, 33145 | $1,390,000 | -- | -- | 2,097 | -- |
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Nearby For Sale
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ByOwner last updated this listing 10/02/2026 @ 07:44
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