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Amnd Miami Suburban Acres

$1,499,000

2740 SW 23rd St, Miami, FL 33145

Active
Last Updated: 01/28/2025

5,696 sqft

Building Size

4

Units

Details:
Building Size:    5,696 sqft
Units:    4
Year Built:    1988
Floors:    2
Parking Spots:    10
Gross Leaseable Area:    4,761
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: None
  • Architectural Style: Other
  • Cooling: Other
  • Heating: None
  • Flooring: Ceramic Floor
  • Construction Materials: CBS Construction
Description:

Incredible Investment Opportunity. Located in the heart of Miami, between the coveted **Coral Gables** and **Coconut Grove** neighborhoods, this property sits on a spacious 7,500 sqf lot, offering great potential for future development or expansion. With an impressive $10,850 in monthly gross rental income, this property is a cash-flowing asset with tremendous earning potential. Just 1 minute walking to Publix and surrounded by schools, restaurants, and hospitals, it’s perfectly positioned for tenants. This is a fantastic opportunity for investors or those seeking to live in one unit and rent the other in a thriving area with strong demand and consistent growth. A prime property in one of Miami’s most desirable locations!

For more information call the agent.

Map:
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Today's Available Mortgage Rates

2740 SW 23rd St, Miami, Florida 33145

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/14/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$4,907 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $764,490 Loan Amount
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$4,968 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $764,490 Loan Amount
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.19% 10 Year Fixed
Mo. Payment$4,916 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 50% LTV $0 Lender fees
Loan Amount $749,500 Loan Amount
Largest Commercial Real Estate Lending
Location
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