3191 23rd St ,Detached, Quadruplex, Miami Suburban Acres for Sale

3191 23rd St for Sale

Price $1,800,000.00

• Lot size 4452
• Year Build 1969
• Waterfront
• Zip 33145
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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.

MIAMI SUBURBAN AC PB 2-84 W1/2 OF S1/2 LOT 12 BLK 3 LOT SIZE 7325 SQUARE FEET OR 15319-3680 1291 1

Less Than 1/4 Acre Lot

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.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Latitude:25.7485166,Cooling Y N:1,Heating Y N:1,List Price:1800000,Listing Id:A12068193,Longitude:-80.2459329,Mls Status:Active,Year Built:1969,Directions:Google Maps,Living Area:4452,Postal Code:33145,Street Name:23rd St,Coordinates:1:25.7485166,Photos Count:55,Building Name:MIAMI SUBURBAN ACRES,Days On Market:136,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Miami Suburban Acres,On Market Date:2026-03-26,Parcel Number:01-41-16-008-0450,Parking Total:10,Property Type:Residential Income,Stories Total:2,Street Number:3191,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2026-09-26,List Office Name:1st Florida Homes,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3155,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:MIAMI SUBURBAN ACRES,Tax Annual Amount:17544,Unparsed Address:3191 SW 23rd St, Miami FL 33145,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:4452,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:404.3127,Original List Price:1800000,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: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.,Listing Contract Date:2026-03-26,Originating System I D:miamire,Public Survey Section:16,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:3191,Tax Legal Description:MIAMI SUBURBAN AC PB 2-84 W1/2 OF S1/2 LOT 12 BLK 3 LOT SIZE 7325 SQUARE FEET OR 15319-3680 1291 1,M I A M I R E_ Current Price:1800000,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:3797,M I A M I R E_ Internet Remarks:6-Unit Income Property in Prime Miami Location. Fully occupied with stable income. Below-market rents offer strong value-add & upside. On-site parking,M I A M I R E_ Parcel Number M L X:0450,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$25.748544$-80.245925$19.50$13.33$1.00$rfw4nMgd4NNdmm6FHNsuWw,Contract Status Change Date:2026-03-26,Internet Address Display Y N:1,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:8,M I A M I R E_ Agent Alternate Phone:305-619-4435,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:3191 SW 23rd St,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:404.31,