ActiveMLS® A12068193

$1,800,000

3191 SW 23rd Street, Miami, FL 33145

Beds: —
Baths: 0
Sqft: 4,452

Est. payment$11,702/mo

Home type: Quadruplex
Year built: 1969
Lot size: —
Price / sqft: $404
HOA: $0/mo
Community: MIAMI SUBURBAN ACRES

Property 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 activity

Days on market: 179
Listed: Mar 26, 2026
MLS listing updated: Sep 21, 2026
Feed last checked: 13 minutes ago

Listed by Hillevi Simon · 1st Florida Homes

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0
Bathrooms (decimal): 0

Rooms & features

Flooring: Tile

Heating & cooling

Heating: Separate Meters, Window/Wall
Cooling: Wall/Window Unit(s)

Property

Exterior

Stories: 2
Building area: 4,452 sqft
Pool: No
Waterfront property: No

Lot

Lot dimensions: 7,325 sf
Zoning: 5700

Construction

Type & style

Home type: Quadruplex
Structure type: Multi Family
Year built: 1969
New construction: No

Materials

Construction: CBS
Roof: Flat, Tile
Property condition: Resale

Utilities & green energy

Utilities

Sewer: Public Sewer
Utilities: Cable Not Available

Community & HOA

Community

Subdivision: MIAMI SUBURBAN ACRES
MLS area: 2410

Association

Has association: No
Estimated monthly dues: $0

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33145

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12068193
Possession: Close Of Escrow, Negotiable
Original list price: $1,800,000
Parcel number: 0141160080450
Annual property tax: $17,544
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

Additional MLS details

Reported by the listing source

Association: No
Bathrooms Total Decimal: 0
Bathrooms Total Integer: 0
Building Area Total: 4452
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 179
Elementary School: Frances S. Tucker
High School: Coral Gables
List Price: 1800000
Listing Contract Date: 2026-03-26
Living Area: 4452
Lot Size Dimensions: 7,325 sf
MLSArea Major: 2410
Mls Status: Active
On Market Date: 2026-03-26
Photos Count: 56
Postal Code: 33145
Property Sub Type: Quadruplex
Property Type: Residential Income
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-03-26T04:00:00Z
Stories Total: 2
Subdivision Name: MIAMI SUBURBAN ACRES
Tax Annual Amount: 17544
Pool Private: No
Waterfront: No

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Mar 26, 2026	ListedMIAMI REALTORS® MLS	$1,800,000$404/sqft

Public tax history

Year	Property taxes	Assessment
2025	$17,544	—

Payment calculator

Estimated monthly payment$11,702/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $9,340
Property taxes: $1,462
Insurance: $900
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MIAMI SUBURBAN ACRES

Miami · Miami-Dade County · 33145

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frances S. TuckerElementary

—

Coral GablesHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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