Income/MultiFamily in Miami

$1,800,000

Listing courtesy of 1st Florida Homes; Hillevi Simon. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedrooms

n/a

bathrooms

n/a

Square Footage

n/a

Type of Property

Income/MultiFamily, Commercial Sale

Details

Overview

Sub Type
Income/MultiFamily
Built In
1969
Taxes
$17,544/yr

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.

This income/multifamily home located at 3191 SW 23rd St, Miami FL 33145 is currently for sale and has been available on Brickellsold for 153 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1969. 3191 SW 23rd St, Miami FL 33145 is in Miami county Miami-Dade County.

Interior

Features
  • Flooring: Tile
  • Common walls with other units/homes:
Heating
Wall/Window Units
Cooling
Wall/Window Unit(s)
Appliances
Total structure area
4,452

Property

Parking
  • Parking Features: Additional Spaces Available,Assigned,Other
Parcel Number
01-41-16-008-0450
Features
  • Entry location:
  • Exterior Features:
  • View Description:

Construction

Property subtype
Income/MultiFamily, Commercial Sale
Materials
CBS Construction
Condition
  • Year Built: 1969

Community & HOA

Community
  • Security Features: Smoke Detector(s), Security Fence
HOA
  • Amenities:
Region
Miami

Financial

Taxes
$17,544/yr
On Market Date
3/25/2026
Listing Terms
All Cash, Conventional/Refinance

Metadata

Added
3/29/2026
Updated
8/26/2026
MLS#
A11991115
Days on Market
153
Listed By
1st Florida Homes
Originating MLS
A-Miami Association of REALTORS

Neighborhood Insights

School and crime data are from public sources and are informational only.

Nearby Schools

Within 5 miles

  • English Center 0.0 mi • K-12
  • Silver Bluff Elementary 0.0 mi • K-12
  • Coral Gables Preparatory Academy MLC 0.0 mi • K-12
  • Coral Gables Preparatory Academy 0.0 mi • K-12
  • Auburndale Elementary 0.0 mi • K-12
  • Auburndale Elementary PLC-H1 0.0 mi • K-12

Nearby Hospitals

Within 3 miles

No nearby hospitals found.

Crime Overview

Crime data unavailable for this area.

Map

Price History

EventPriceDate
Original list price$1,950,000Mar 29, 2026
Current list price$1,800,000Jun 6, 2026

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