2740 23rd St ,Attached, Duplex, Amnd Miami Suburban Acres for Sale

2740 23rd St for Sale

Price $1,449,000.00

• Lot size 5696
• Year Build 1988
• Waterfront
• Zip 33145
• Style Attached
• Parking Description
• Pool Yes
• Status Active

Description

Exceptional investment opportunity delivering a strong cap rate with long-term tenants already in place. All units are on month-to-month leases, providing immediate flexibility to reposition, raise rents, or redevelop in a high-barrier, high-demand market. Built in 1988, this concrete construction with PVC plumbing offers approximately 5,000 sq ft of living area on a 7,500 sq ft duplex-zoned lot. The property provides an impressive footprint and scale that are rarely available in this corridor. Situated in the booming Silver Bluff neighborhood?directly across from Publix and just minutes from COCONUT GROVE AND CORAL GABLES?the location is a premium rental zone with extremely limited affordable inventory. This ensures constant tenant demand and virtually zero vacancy risk. Multi-year tenants provide proven cash-flow stability, while the 3-story new-construction townhomes rising directly behind the property highlight the area?s rapid appreciation. This is a rare opportunity to secure a large, high-performing asset with substantial upside from day one.

16 54 41 PB 4-73 AMD PLAT OF MIAMI SUB ACRES LOT 7 BLK 12 LOT SIZE 50.000 X 150 75R-64382

Less Than 1/4 Acre Lot

Exceptional investment opportunity delivering a strong cap rate with long-term tenants already in place. All units are on month-to-month leases, providing immediate flexibility to reposition, raise rents, or redevelop in a high-barrier, high-demand market. Built in 1988, this concrete construction with PVC plumbing offers approximately 5,000 sq ft of living area on a 7,500 sq ft duplex-zoned lot. The property provides an impressive footprint and scale that are rarely available in this corridor. Situated in the booming Silver Bluff neighborhood?directly across from Publix and just minutes from COCONUT GROVE AND CORAL GABLES?the location is a premium rental zone with extremely limited affordable inventory. This ensures constant tenant demand and virtually zero vacancy risk. Multi-year tenants provide proven cash-flow stability, while the 3-story new-construction townhomes rising directly behind the property highlight the area?s rapid appreciation. This is a rare opportunity to secure a large, high-performing asset with substantial upside from day one.

City:Miami,Zoning:5700,Cooling:1:Wall/Window Unit(s),Heating:1:Window/Wall,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2024,Latitude:25.748167,Cooling Y N:1,Heating Y N:1,List Price:1449000,Listing Id:A11920863,Longitude:-80.2392077,Mls Status:Active,Year Built:1988,Living Area:4761,Postal Code:33145,Street Name:23rd St,Coordinates:1:25.748167,Photos Count:24,Building Name:AMND MIAMI SUBURBAN ACRES,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Amnd Miami Suburban Acres,On Market Date:2025-12-01,Parcel Number:01-41-16-009-5570,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Water,Stories Total:2,Street Number:2740,M I A M I R E_ Style:Duplex,Public Remarks:Exceptional investment opportunity delivering a strong cap rate with long-term tenants already in place. All units are on month-to-month leases, providing immediate flexibility to reposition, raise rents, or redevelop in a high-barrier, high-demand market. Built in 1988, this concrete construction with PVC plumbing offers approximately 5,000 sq ft of living area on a 7,500 sq ft duplex-zoned lot. The property provides an impressive footprint and scale that are rarely available in this corridor. Situated in the booming Silver Bluff neighborhood?directly across from Publix and just minutes from COCONUT GROVE AND CORAL GABLES?the location is a premium rental zone with extremely limited affordable inventory. This ensures constant tenant demand and virtually zero vacancy risk. Multi-year tenants provide proven cash-flow stability, while the 3-story new-construction townhomes rising directly behind the property highlight the area?s rapid appreciation. This is a rare opportunity to secure a large, high-performing asset with substantial upside from day one.,County Or Parish:Miami-Dade County,Expiration Date:2026-05-29,List Office Name:Compass Florida, LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3308,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:AMND MIAMI SUBURBAN ACRES,Tax Annual Amount:21681,Unparsed Address:2740 SW 23rd St, Miami FL 33145,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Total:5696,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:304.3478,Original List Price:1449000,Public Survey Range:41,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:Exceptional investment opportunity delivering a strong cap rate with long-term tenants already in place. All units are on month-to-month leases, providing immediate flexibility to reposition, raise rents, or redevelop in a high-barrier, high-demand market. Built in 1988, this concrete construction with PVC plumbing offers approximately 5,000 sq ft of living area on a 7,500 sq ft duplex-zoned lot. The property provides an impressive footprint and scale that are rarely available in this corridor. Situated in the booming Silver Bluff neighborhood?directly across from Publix and just minutes from COCONUT GROVE AND CORAL GABLES?the location is a premium rental zone with extremely limited affordable inventory. This ensures constant tenant demand and virtually zero vacancy risk. Multi-year tenants provide proven cash-flow stability, while the 3-story new-construction townhomes rising directly behind the property highlight the area?s rapid appreciation. This is a rare opportunity to secure a large, high-performing asset with substantial upside from day one.,Listing Contract Date:2025-12-01,Originating System I D:miamire,Public Survey Section:16,Showing Instructions:24 Hour Notice,Call Listing Agent,Street Number Numeric:2740,Tax Legal Description:16 54 41 PB 4-73 AMD PLAT OF MIAMI SUB ACRES LOT 7 BLK 12 LOT SIZE 50.000 X 150 75R-64382,M I A M I R E_ Current Price:1449000,Public Survey Township:41,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:4647,M I A M I R E_ Internet Remarks:Investment opportunity in Silver bluff with strong cap rate.,M I A M I R E_ Parcel Number M L X:5570,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.748181$-80.239186$201.61$13.33$1.00$wvmF_1jCaEVdzxEVQyw1bg,Contract Status Change Date:2025-12-01,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:9,M I A M I R E_ Agent Alternate Phone:954-850-3905,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:2740 SW 23rd St,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:304.35,