3191 SW 23rd St, Miami FL 33145
$1,800,000
$404.31/Sq Ft
- N/A Beds
- N/A Baths
- N/A Parking
- 4452 ft²
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.
Marvel Avellanet
Real Estate Broker
Estimate Payments
Technical Summary
| Price | $1,800,000 |
|---|---|
| Beds | N/A |
| Baths | N/A |
| Area | 4452 ft² |