3191 SW 23rd St

Highlights:

• Lot Features: In Residential Area
• Number Of Buildings: 1
• Cooling: Wall/Window Unit(s)
• Heating: Wall/Window Units
• Flooring: Tile
• Construction Materials: CBS Construction
• Parking Features: Additional Spaces Available, Assigned, Other
• Security Features: Smoke Detector(s), Security Fence

Description:

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.

---

Report Listing This listing was syndicated through:

Listing ID: A11991115