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3191 SW 23rd St, Miami, FL 33145

$1,580,000 · 4,452 square feet · Active

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 courtesy of 1st Florida Homes, the listing brokerage, 954-989-4909. MLS number A12096429.

Listing data courtesy of MIAMI REALTORS® MLS. Updated Oct 20, 2026 5:30 AM ET. MLS disclaimers
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