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.
Property Details
Price:
$1,950,000
MLS #:
A11991115
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Mar 26, 2026
Total Sq Ft:
4,452
Year Built:
1969
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Flooring
Tile
Heating
Wall/Window Units
Exterior
Construction Materials
CBS Construction
Lot Features
In Residential Area
Parking Features
Additional Spaces Available, Assigned, Other
Roof
Tile Roof
Security Features
Smoke Detector(s), Security Fence
Stories
2
Window Features
Complete Panel Shutters/Awnings
Financial
Tax Year
2025
Taxes
$17,544
Map
Community
- Address3191 SW 23rd St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33145
Subdivisions in Miami
- 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
- 159 NE 6TH STREET CONDO
- 17TH AVE MANOR
- 1800 CLUB CONDO
- 7TH ADDN TO RICHMOND HEIG
- 801 SMA RESIDENCES CONDO
- BAY HOUSE MIAMI
- BAY RIDGE AMD
- COMFORT GARDENS
- DELVISTA TOWERS CONDO
- EMERALD POINT SUB
- FAIRWAY PLAZA
- GREENVILLE MANOR PB
- HIALEAH HEIGHTS AMD
- JADE WINDS GROUP BAMBOO GARDENS CONDO
- JENKINS ADDN TO LIBERTY CITY
- LA PALOMA
- MAJORCA ISLES III CONDO
- MILON VENTURE
- NORTH DADE COUNTRY CLUB VILLAG
- RALPH PLAZA II CONDO
- RANDALL PARK
- ROLLING GREEN CONDO
- ROYAL GLEN
- SIERRA
- SWEETWATER ESTATES SUB
- TAMIAMI TECH CENTER CONDO
- THE BLUE A RESORT HOTEL CONDO
- TURNBERRY VILLAGE SO TOWER CONDO
- VIA VENTURA NBRHD 3
- VISTA LAGO
- WEST MIAMI SHORES SEC B
- WESTCHESTER PT 01
Market Summary
Current real estate data for Commercial in Miami as of May 04, 2026
957
Commercial Listed
205
Avg DOM
$1,476,920
Avg List Price
Property Summary
- 3191 SW 23rd St Miami FL is a Commercial for sale in Miami, FL, 33145. It is listed for $1,950,000 To schedule a showing of MLS#a11991115 at 3191 SW 23rd St in Miami, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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