Quadruplex

3191 SW 23rd St

3191 SW 23rd St, Miami FL 33145

Price $1,800,000
Status For Sale
Bedrooms TBD
Bathrooms TBD
Interior Area 4,452 sqft

This listing is courtesy of 1st Florida Homes. Hillevi Simon

Overview

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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