3191 SW 23rd St, Miami, FL 33145

About 3191 SW 23rd St, Miami, FL 33145

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.

How This Listing Compares in Miami

Per square foot, it is asking 11% below the Miami median for sales closed over the last twelve months.

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 3191 SW 23rd St, Miami, FL 33145

Flooring

Tile

Heating

Window/Wall

Cooling

Wall/Window Unit(s)

Architectural Style

Detached

Pool Private

No

Year Built Details

Resale

The Building at 3191 SW 23rd St, Miami, FL 33145

Building Name

MIAMI SUBURBAN ACRES

Building Area Total

4452

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Lot, Views & Construction at 3191 SW 23rd St, Miami, FL 33145

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Flat Tile

Sewer

Public Sewer

New Construction

No

Taxes & Public Record for 3191 SW 23rd St, Miami, FL 33145

Parcel Number

01-41-16-008-0450

Tax Annual Amount

$17,544

Tax Year

2,025

Tax 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

Zoning

5700

County Or Parish

Miami-Dade County

Map & Neighborhood