About 3191 Sw 23rd Street
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.
Features of 3191 Sw 23rd Street
| MLS® # | A11991115 |
|---|---|
| USD | $1,800,000 |
| CAD | $2,487,204 |
| CNY | 元12,077,460 |
| EUR | €1,549,114 |
| GBP | £1,330,997 |
| RUB | ₽151,110,000 |
| Acres | 0.17 |
| Year Built | 1969 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Active |
| HOPA | No Hopa |
Community Information
| Address | 3191 Sw 23rd Street |
|---|---|
| Area | 2410 |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33145 |
Amenities
| Parking | Assigned, Other |
|---|---|
| Security | Smoke Detector(s), Security Fence |
| Guest House | No |
Interior
| Heating | Window/Wall |
|---|---|
| Cooling | Wall/Window Unit(s) |
| # of Stories | 2 |
Exterior
| Roof | Tile |
|---|---|
| Construction | CBS |
Additional Information
| Date Listed | March 26th, 2026 |
|---|---|
| Days on Market | 168 |
| Zoning | 5700 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 0141160080450 |
Listing Details
| Office | 1st Florida Homes |
|---|---|
| realty@hillevisimon.com |