3191 SW 23rd Street, Miami, FL 33145,Miami,Miami-Dade,Commercial Sale

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$1,800,000

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.

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Address

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1128

Address: Array
City: Miami
State/county: Miami-Dade

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1128

Zip/Postal Code: Array
Area: Miami

Details

Updated on August 27, 2026 at 8:58 am

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Property ID Array
Price $1,800,000
Land Area 0.17 Sq Ft
Year Built 1969
Type Multi Family
Property Status Commercial Sale

Additional details

BuildingAreaTotal 4452
CLIP 3934235780
ConstructionMaterials Block
ContractStatusChangeDate 2026-03-29
Cooling Wall/Window Unit(s)
CumulativeDaysOnMarket 153
CurrentPrice 1800000
DaysOnMarket 153
DaysOnMarketReplication 153
DaysOnMarketReplicationDate 2026-08-26
DaysOnMarketReplicationIncreasingYN 1
Directions Google Maps
DocumentsChangeTimestamp 2026-03-29T01:46:56.000-00:00
DocumentsCount 0
Flooring Tile
Heating Wall Furnace
InternetAddressDisplayYN 1
InternetConsumerCommentYN 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
ListingKeyNumeric 1156245661
ListingTerms Cash, Conventional
LotFeatures Residential Lot
LotSizeArea 7325
MLSAreaMajor 2410
MajorChangeTimestamp 2026-06-06T13:27:18.000-00:00
MajorChangeType Price Change
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp 2026-08-27T04:55:55.983-00:00
NumberOfBuildings 1
NumberOfUnitsTotal 6
OccupantType Tenant
OnMarketDate 2026-03-26
OnMarketTimestamp 2026-03-26T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-08-26T19:24:03.790-00:00
OriginalEntryTimestamp 2026-03-29T01:21:21.000-00:00
OriginalListPrice 1950000
OriginatingSystemID M00000151
OriginatingSystemKey 563616585
OriginatingSystemListAgentMemberKey 1187969
OriginatingSystemListOfficeKey 1262403
OriginatingSystemModificationTimestamp 2026-08-26T19:24:03.790-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
ParcelNumber 0141160080450
ParkingFeatures Assigned, Other
Permission IDX
PhotosChangeTimestamp 2026-08-27T04:55:55.860-00:00
PhotosCount 31
Possession Close Of Escrow, Negotiable
PostalCity Miami
PostalCodePlus4 3155
PreviousListPrice 1950000
PriceChangeTimestamp 2026-06-06T13:27:18.000-00:00
PropertyCondition Resale
PropertySubTypeAdditional Multi Family
PublicSurveyTownship 1
RoadFrontageType City Street
Roof Tile
SecurityFeatures Smoke Detector(s), Security Fence
Sewer Public Sewer
SourceSystemID TRESTLE
SourceSystemKey 1156245661
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp 2026-03-26T00:00:00.000-00:00
StoriesTotal 2
StreetDirPrefix SW
StreetName 23rd
StreetNumber 3191
StreetNumberNumeric 3191
StreetSuffix Street
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
TenantPays Electricity
UniversalPropertyId US-12025-N-0141160080450-R-N
VideosChangeTimestamp 2026-08-27T04:55:55.860-00:00
VideosCount 0
WaterSource Public
Zoning 5700

Features

Overview

Property ID:
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