Home/Search/3191 SW 23rd St, Miami FL 33145
3191 SW 23rd St, Miami FL 331451 / 56
For Sale
Quadruplex

$1,580,000

3191 SW 23rd St, Miami FL 33145

4

Units

4,452

Building SF

5700

Zoning

About This Property

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

MLS #:A12096429
Price:$1,580,000
Status:For Sale
Days on Market:2
Date Listed:Sep 26, 2026
Living Area:4452 sqft
Building Area:4452 sqft
Price per Sqft:$355/sqft
Year Built:1969
Property Type:Residential Income
Property Sub Type:Quadruplex

Heating:Window/Wall
Cooling:Wall/Window Unit(s)
Flooring:Tile
Window Features:Complete Accordian Shutters
Stories:2
Virtual Tour:Available

Architectural Style:Detached
Construction Materials:CBS Construction
Structure Type:Quadruplex, Fourplex
Roof:Flat Tile
Lot Features:Less Than 1/4 Acre Lot
Sewer:Public Sewer

Total Parking:10

Area/Region:Miami Suburban Acres
Zoning:5700

Price per Sqft:$355/sqft
Annual Tax Amount:$17,544
Tax Year:2025
Listing Terms:All Cash
Possession:Funding
Parcel Number:01-41-16-008-0450
Legal Description: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
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REsource

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Listing courtesy of 1st Florida Homes. Data last updated September 28, 2026 at 08:06 PM.