3191 SW 23rd St, Miami, FL 33145
$1,580,000
- 4,452 sqft
- Built 1969
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
- Property type
- Quadruplex
- Status
- Active
- Year built
- 1969
- Days on market
- 23
- MLS #
- A12096429
Listing courtesy of 1st Florida Homes.
