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.

Features
Heating System
Cooling System
Security
Parking Features
Roof:
Tile
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33145
Street:
3191 Sw 23rd St, Miami, Florida 33145
Longitude:
W81° 45' 14.7''
Latitude:
N25° 44' 54.5''
MLS Addon
Building Area:
4,452 Sqft
Construction Materials:
Block
DOM:
3
Directions:
Google Maps
Exterior Features
Flooring:
Tile
Internet Address Display:
1
Internet Listing Display:
1
Lease Term:
Month To Month
Listing Terms:
Cash, Conventional
Parcel Number:
01-41-16-008-0450
Structure Type:
Multi Family
Tax Annual Amount:
$17,544
Tax Year:
2025
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Commercial Sale For Sale

3191 Sw 23rd St, Miami, Florida 33145, Miami, Florida 33145

7,325 Sqft
$1,950,000
MLS # #A11991115
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$1,950,000
Year Built :
1969
Lot Area :
7,325 Sqft
MLS # :
A11991115
Property Sub Type :
Multi Family
Agent info
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