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Six-Unit Apartment Building
For Sale
$1,800,000

3191 SW 23rd St, Miami, FL 33145

Commercial Sale, Miami, FL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market70

Property Features for 3191 SW 23rd St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 5700
Parking features Assigned
Security features Security
Exterior features Storm/Security Shutters
Directions Google Maps
Subdivision 41
Standard status Active
APN 01-41-16-008-0450
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax 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
Tax Annual Amount 17544
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

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1969
Floors in Building 2
Number of units 6
Flooring type Tile
Building materials Block
Roof type Tile
Listing Agency: 1st Florida Homes
Listed By: Hillevi Simon · License #3306526
Added: Jun 30 Changed: Sep 2 Last Checked: Sep 7 at 11:06AM
MLS# A11991115

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This six-unit apartment building contains a combination of 2-bedroom/1-bath and 1-bedroom/1-bath residences on a 7,325-square-foot lot. Built in 1969, the property features block construction, tile flooring, tile roofing, wall furnace heating, and wall or window unit cooling. Assigned on-site parking is provided, with additional street parking also available.

Recent property improvements include updated electrical panels, completion of the required 40-year recertification, and hurricane shutters. The building is fully occupied by long-term tenants. Public water and sewer serve the property, and its Miami setting provides access to major roadways, employment centers, Miami International Airport, Coral Gables, Coconut Grove, and Downtown Miami.

Key Highlights

  • Six apartment units with a mix of 2‑bedroom/1‑bath and 1‑bedroom/1‑bath layouts
  • 7,325 SF lot in Miami, FL 33145
  • Updated electrical panels and completed 40‑year recertification

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Restaurant Tanning Salon Mobile Phone Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

4,301
Businesses Nearby

Demographics for 33145, FL

29,737
Population
12,773
Households
2.3
Avg Household Size
44
Median Age
42%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$70,592
Median Household Income
$43,039
Median Earnings
$1,769
Median Rent
$560,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Block construction with tile flooring, assigned parking, public utilities, and storm/security shutters.
Where is this apartment building located?
The property is located at 3191 SW 23rd St Miami, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Six apartment units with a mix of 2‑bedroom/1‑bath and 1‑bedroom/1‑bath layouts; 7,325 SF lot in Miami, FL 33145; Updated electrical panels and completed 40‑year recertification
More about this property
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