Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
4,452 sqft

$1,580,000

3191 SW 23rd, Miami FL, 33145

Price per sqft$354.90
Built in1969
Property size4,452 sqft
Property typeMulti-family
Courtesy of Hillevi Simon with 1st Florida Homes

Overview

Active

Listed Sep 27, 2026

Updated 4 weeks ago

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.

$10,512/mo

Est. mortgage payment based on a $1,580,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$17,544
Tax Frequency
Annually
MLS provider logo

Courtesy of 1st Florida Homes, Hillevi Simon,
Listing Contact: 305-619-4435 

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 9/29/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Martin County REALTORS of the Treasure Coast, Inc. All rights reserved.

Data last updated 3:52 AM UTC, 9/29/2026

Powered by Luxury Presence