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3191 Southwest 23rd Street

Miami FL 33145

4452 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

4452 sq. ft. floor area
Duplex

Happy sellers in Miami

100%
100% of sellers in Miami reported that their sale price either exceeded or met their price expectations.

Miami stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Miami over the last 12 months.

Local market activity for duplexes in Miami

In the last 12 months, 30 duplexes similar to 3191 Southwest 23rd Street, have been sold.

This represents a 10% increase in duplexes sales when compared to the previous 12 months.

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