3191 Sw 23rd St, Miami, FL 33145

$1,800,000
4,452
SqFt

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List Price
$1,800,000
MLS
A12068193
Complex Name
Miami Suburban Acres
Status
ACTIVE
Type
Multifamily
Living Area
4,452

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.

Additional Information

Days on Market
137
Style
Quadruplex, Fourplex
#Parking Spaces
10
Year Built
1969
Development Name
Miami Suburban Acres
#Stories
2
Construction Type
CBS Construction
Section
16

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Listing Courtesy of 1st Florida Homes, Contact: