3191 SW 23rd Street, Miami, FL 33145

$1,800,000
4,452
SqFt

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List Price
$1,800,000
Status
ACTIVE
Days on Market
172
MLS#
A12068193
Subtype
Residential Income
Year Built
1969
Living Area
4,452
Subdivision
Miami Suburban Acres
MLS Area Major
2410

Property 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.

Additional Information

Taxes
$17,544
Flooring
Tile
Heating
Separate Meters, Wall Furnace
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block
Stories
2
Roof
Flat, Tile
Elementary School
Frances S. Tucker
High School
Coral Gables

Listing courtesy of 1st Florida Homes. Contact:

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Agent: Hillevi Simon | Email: realty@hillevisimon.com