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
Price:
$1,950,000
MLS #:
A11991115
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Mar 26, 2026
Total Sq Ft:
4,452
Year Built:
1969
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Flooring
Tile
Heating
Wall/Window Units
Exterior
Construction Materials
CBS Construction
Lot Features
In Residential Area
Parking Features
Additional Spaces Available, Assigned, Other
Roof
Tile Roof
Security Features
Smoke Detector(s), Security Fence
Stories
2
Window Features
Complete Panel Shutters/Awnings
Financial
Tax Year
2025
Taxes
$17,544
Map
Community
- Address3191 SW 23rd St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33145
Market Summary
Current real estate data for Commercial in Miami as of Apr 28, 2026
974
Commercial Listed
203
Avg DOM
$1,457,511
Avg List Price
Property Summary
- 3191 SW 23rd St Miami FL is a Commercial for sale in Miami, FL, 33145. It is listed for $1,950,000
Similar Listings Nearby
3191 SW 23rd St
Miami, FL