Miami, FL 33145,2740 SW 23rd St
Miami, FL 33145,2740 SW 23rd St
Miami, FL 33145,2740 SW 23rd St
Miami, FL 33145,2740 SW 23rd St
Miami, FL 33145,2740 SW 23rd St
Miami, FL 33145,2740 SW 23rd St
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$ 1,449,000
Est. payment | /mo

4,761 SqFt


$ 1,449,000
Est. payment | /mo

4,761 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,761 sqft

Price per Sqft $304

Subdivision Amnd Miami Suburban Acres

MLS Listing ID A11920863

HOA Y/N No

Year Built 1988

Annual Tax Amount $21,681

Tax Year 2024

Property Sub-Type Duplex

Property Description

Exceptional investment opportunity delivering a strong cap rate with long-term tenants already in place. All units are on month-to-month leases, providing immediate flexibility to reposition, raise rents, or redevelop in a high-barrier, high-demand market. Built in 1988, this concrete construction with PVC plumbing offers approximately 5,000 sq ft of living area on a 7,500 sq ft duplex-zoned lot. The property provides an impressive footprint and scale that are rarely available in this corridor. Situated in the booming Silver Bluff neighborhood—directly across from Publix and just minutes from COCONUT GROVE AND CORAL GABLES—the location is a premium rental zone with extremely limited affordable inventory. This ensures constant tenant demand and virtually zero vacancy risk. Multi-year tenants provide proven cash-flow stability, while the 3-story new-construction townhomes rising directly behind the property highlight the area's rapid appreciation. This is a rare opportunity to secure a large, high-performing asset with substantial upside from day one.

Location

State FL

County Miami-dade

Community Amnd Miami Suburban Acres

Area 41

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Barrel

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Level or Stories Two

Structure Type Block

Others

Tax ID 01-41-16-009-5570

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11920863

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Compass Florida, LLC

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Cameron Scott

+1(954) 995-4711

cameron@iloverealestate.us

1625 SE 17th St Causeway, Fort Lauderdale, FL, 33316

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2740 SW 23rd St