3191 SW 23rd Street, Miami, FL 33145 (MLS# A12096429)

3191 SW 23rd Street, Miami, FL 33145

New Listing

$1,580,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12096429

Property Type: Residential Income Square Footage: 4,452 Status: Active

Current Price: $1,580,000 List Date: 9/26/2026 Last Modified: 9/28/2026

Overview

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.

Listing Details MLS# A12096429

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 4452
Living Area Main: 4452
Adjusted Area Main: 3797
Year Built: 1969
Parking Total: 10
Lot Size Dimensions: 7,325 sf
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: Rent Rolls Flooring: Tile Property Condition: Resale Structure Type: Multi Family Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: Separate Meters; Window/Wall Listing Terms: Cash Possession: Close Of Escrow; Negotiable Roof: Flat; Tile Sewer: Public Sewer Utilities: Cable Not Available Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Unit 1 Parking Features: Parking Space Unit 2 Parking Features: Parking Space Unit 3 Parking Features: Parking Space Unit 4 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 1580000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 3191
Street Direction Prefix: SW
Street Name: 23rd
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33145
Postal Code +4: 3155
Postal Zip: 33145
Subdivision Name: MIAMI SUBURBAN ACRES
Area: 2410
Elementary School: Frances S. Tucker
High School: Coral Gables
Parcel Number: 0141160080450
Subdivision Number: 8
Zoning: 5700
Flood Zone: X
Directions: Google Maps

Financial Information

Tax Annual Amount: 17544
Tax Year: 2025
Tax 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

Status Change Information

Major Change Timestamp: 2026-09-26T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-09-27

More Information

Income and Expenses

Gross Income: 4850

Storm Protection

Accordian Shutters: Complete

Unit 1 Details

Actual Rent: 1500
Baths Full: Yes
Efficiency YN: No

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Actual Rent: 1300
Baths Full: Yes
Efficiency YN: No

Unit 2 Lease Description

Lease Term: Month To Month

Unit 3 Details

Actual Rent: 1025
Baths Full: Yes
Efficiency YN: No

Unit 3 Lease Description

Lease Term: Month To Month

Unit 4 Details

Actual Rent: 1025
Baths Full: Yes
Efficiency YN: No

Unit 4 Lease Description

Lease Term: Month To Month

Price Calculations

Current Price To SqFt: 354.89

Section Details

Parcel Number MLX: 0450

Originating Details

Originating System Key: 565005812
Originating System ID: M00000151

Listing Office: 1st Florida Homes

Last Updated: September - 28 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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