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3191 SW 23rd St Miami, FL $ 1,950,000
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3191 SW 23rd St
$ 1,950,000
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3191 SW 23rd St

Miami, FL, 33145
$ 1,950,000
Bedrooms1 Baths-- Sq 4,452

Monthly Estimate*

$ 12,006

3191 SW 23rd St, Miami, FL 33145 - Image 1
3191 SW 23rd St, Miami, FL 33145 - Image 2
3191 SW 23rd St, Miami, FL 33145 - Image 3
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Commercial Property for sale in Miami, FL

for $1,950,000 with 1 bedroom. This 4,452 square foot building was built in 1969.

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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Commercial Active

Price

$ 1,950,000

Bedrooms

1

Property Type

Commercial

Taxes

$ 17,544

Style

Year Built

1969

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11991115
Features
General
Sewer Public Sewer
Heating Window Unit Wall Furnace
Cooling Wall/Window Unit(s)
Possession Closing & Funding Close Of Escrow
Roof Tile
Security Features Fenced Smoke Detector(s)
Construction Materials Block
Year Built 1969
Tenant Pays Electricity
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2025
County Miami-Dade
Property Type Commercial Sale
Full Baths 0
Status Active
Directions Google Maps
City Miami
Zoning Description 5700
Number Of Units Total 6
MLS Area 41
Lot Size Units Square Feet
Lot Size Square Feet 7325
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 17544
Ok to Lease Month To Month
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11991115
Structure Type Multi Family
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
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
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 1
Total Baths 0
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Exterior
Exterior Amenities Storm/Security Shutters
Parking Features Assigned Other
Water Source Public
Lot Size Area 7325
Number of Buildings 1
Building Area Total 4452
Waterfront Y/N false
Covered Spaces 0
Number of Separate Electric Meters 6
Road Frontage Type City Street
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* Excluded Features
List By
1St Florida Homes

Broker

realty@hillevisimon.com

Email

Affordability Calculator

$13,468
Per Month
89%
11%
0%
Monthly Principal & Interest
$12,006
Monthly Property Taxes
$1,462
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/29/2026$1,950,000 Listed Price

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3191 SW 23rd St, Miami, FL, 33145 is a Commercial Property for sale at $1,950,000 with 4,452 sqft. 3191 SW 23rd St has 1 bedroomsThe property's zip code is 33145 which is in Miami, FL

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