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.

Address

Open on Google Maps

Address: 23rd
City: Miami
State/county: Miami-Dade
Zip/Postal Code: 33145

Details

Updated on August 10, 2026 at 5:52 am

Property ID A12068193
Price $1,800,000
Property Size 4452 Sq Ft
Year Built 1969
Type Quadruplex
Property Status Residential Income

Additional details

BuildingAreaTotal 4452
CLIP 3934235780
ConstructionMaterials Block
ContractStatusChangeDate 2026-08-09
Cooling Wall/Window Unit(s)
CumulativeDaysOnMarket 136
CurrentPrice 1800000
DaysOnMarket 136
DaysOnMarketReplication 136
DaysOnMarketReplicationDate 2026-08-09
DaysOnMarketReplicationIncreasingYN 1
Directions Google Maps
DocumentsAvailable Rent Rolls
DocumentsCount 0
ElementarySchool Frances S. Tucker
Flooring Tile
GrossIncome 4850
Heating Separate Meters, Wall Furnace
HighSchool Coral Gables
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR Miami REALTORS
ListAgentAOR Miami Association of REALTORS
ListAgentDirectPhone 305-619-4435
ListAgentEmail realty@hillevisimon.com
ListAgentFirstName Hillevi
ListAgentFullName Hillevi Simon
ListAgentKey 26767053
ListAgentKeyNumeric 26767053
ListAgentLastName Simon
ListAgentMlsId SEF3306526
ListAgentNationalAssociationId 279597271
ListAgentOfficePhone 954-989-4909
ListAgentPreferredPhone 305-619-4435
ListAgentStateLicense 3306526
ListOfficeAOR Miami Association of REALTORS
ListOfficeEmail Office@1stfloridahomes.com
ListOfficeKey 5899166
ListOfficeKeyNumeric 5899166
ListOfficeMlsId SEFRSVH01
ListOfficeName 1st Florida Homes
ListOfficePhone 954-989-4909
ListingAgreement Exclusive Right To Sell
ListingContractDate 2026-03-26
ListingKey 1179444197
ListingKeyNumeric 1179444197
ListingTerms Cash
LotSizeDimensions 7, 325 sf
MLSAreaMajor 2410
MajorChangeTimestamp March 26, 2026 at 12:00am
MajorChangeType New Listing
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp August 10, 2026 at 03:36am
NumberOfUnitsInCommunity 4
NumberOfUnitsTotal 4
OnMarketDate 2026-03-26
OnMarketTimestamp 2026-03-26T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-08-09T23:35:05.940-00:00
OriginalEntryTimestamp August 9, 2026 at 11:22pm
OriginalListPrice 1800000
OriginatingSystemID M00000151
OriginatingSystemKey 635789808
OriginatingSystemListAgentMemberKey 1187969
OriginatingSystemListOfficeKey 1262403
OriginatingSystemModificationTimestamp 2026-08-09T23:35:05.940-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
ParcelNumber 0141160080450
ParkingTotal 10
Permission IDX
PhotosChangeTimestamp August 10, 2026 at 03:03am
PhotosCount 112
Possession Close Of Escrow, Negotiable
PostalCity Miami
PostalCode 33145
PostalCodePlus4 3155
PropertyCondition Resale
PropertySubTypeAdditional Quadruplex
PublicSurveyTownship 1
Roof Flat, Tile
Sewer Public Sewer
SourceSystemID TRESTLE
SourceSystemKey 1179444197
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp March 26, 2026 at 12:00am
StoriesTotal 2
StreetDirPrefix SW
StreetName 23rd
StreetNumber 3191
StreetNumberNumeric 3191
StreetSuffix Street
StructureType Multi Family
SubdivisionName MIAMI SUBURBAN ACRES
TaxAnnualAmount 17544
TaxLegalDescription 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
TaxYear 2025
UniversalPropertyId US-12025-N-0141160080450-R-N
Utilities Cable Not Available
VideosCount 0
Zoning 5700