1st Florida Homes
Listed by 1st Florida Homes
$1,950,000
3191 SW 23rd St
Details
APN 01-41-16-008-0450
Property Type Multifamily
Square Footage 4,452
Year Built 1969
Buildings 1
Stories 2
Lot Size (SqFt) 7,325
Zoning 5700
Multifamily
Marketing 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.
Listing Contacts
1st Florida Homes
Listed by 1st Florida Homes
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