3191 SW 23rd St, Miami FL 33145
Basics
- Price per sqft: $354.90
- Category: Residential Income
- Type: Quadruplex
- Status: Active
- Floors: 2
- Area: 4452 sq ft
- Lot size: 0 sq ft
- Year built: 1969
- Year remodeled: Resale
- MLS ID: A12096429
Description
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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.
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Location
- Neighborhoods: MIAMI SUBURBAN ACRES
Building Details
- Floor covering: Tile
- Exterior material: CBS Construction
- Roof: Flat Tile
- Parking: 10