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2740 SW 23rd St Miami, FL ^$ 1,449,000

2740 SW 23rd St

^$ 1,449,000

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2740 SW 23rd St

Miami, FL, 33145

^$ 1,449,000

Studio Baths0.0 Sq 4,761

Monthly Estimate*

^$ 9,040

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Studio

Multi-Family Home for sale in Miami, FL

for $1,449,000. This 4,761 square foot home was built in 1988.

Exceptional investment opportunity delivering a strong cap rate with long-term tenants already in place. All units are on month-to-month leases, providing immediate flexibility to reposition, raise rents, or redevelop in a high-barrier, high-demand market. Built in 1988, this concrete construction with PVC plumbing offers approximately 5,000 sq ft of living area on a 7,500 sq ft duplex-zoned lot. The property provides an impressive footprint and scale that are rarely available in this corridor. Situated in the booming Silver Bluff neighborhood—directly across from Publix and just minutes from COCONUT GROVE AND CORAL GABLES—the location is a premium rental zone with extremely limited affordable inventory. This ensures constant tenant demand and virtually zero vacancy risk. Multi-year tenants provide proven cash-flow stability, while the 3-story new-construction townhomes rising directly behind the property highlight the area’s rapid appreciation. This is a rare opportunity to secure a large, high-performing asset with substantial upside from day one.

Multi-Family Active

Price

^$ 1,449,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 21,681

Style

Year Built

1988

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11920863

Features

General

Sewer Public Sewer

Heating Central Wall Furnace

Cooling Central Air Wall/Window Unit(s)

Utilities Cable Available

Possession Closing & Funding

Roof Barrel

Pool Features None

Construction Materials Block

Year Built 1988

Stories Count 2

Levels Two

Property Subtype Duplex

Tax Year 2024

County Miami-Dade

Property Type Residential Income

Subdivision Name AMND MIAMI SUBURBAN ACRES

Rent Includes Electricity Water

Status Active

City Miami

Zoning Description 5700

MLS Area 41

Lot Size Units Square Feet

Listing Terms Cash Conventional

Year Built Details Effective Year Built

Tax Annual Amount 21681

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11920863

Standard Status Active

Occupancy Type Tenant

Property Sub Type Additional Duplex

Legal Description 16 54 41 PB 4-73 AMD PLAT OF MIAMI SUB ACRES LOT 7 BLK 12 LOT SIZE 50.000 X 150 75R-64382

Interior

Flooring Tile

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Lot Features < 1/4 Acre

Total Parking 6

Building Area Total 5696

Waterfront Y/N false

Covered Spaces 0

* Excluded Features

List By

Compass Florida, Llc

Broker

Eric.farmelant@compass.com

Affordability Calculator

$10,847

Per Month

Monthly Principal & Interest: $9,040
Monthly Property Taxes: $1,807
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Miami, FL

Average List Price ^$1,175,166

Percent of Sale Price 19%

About Miami, FL

450,829 Population

25% Since 2002

^$39,267 Median Income

40.58 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/1/2025	$1,449,000		Listed Price

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2740 SW 23rd St, Miami, FL, 33145 is a Multi-Family Home for sale at $1,449,000 with 4,761 sqft. 2740 SW 23rd St is a studio with 0.0 baths and was built in 1988. The property's zip code is 33145 which is in Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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2740 SW 23rd St

Multi-Family Home for sale in Miami, FL

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