Single-Story Duplex with Two Units

7358 - 7360 SW 23rd St Miami, FL 33155

Claim this Listing
New
For Sale
$800,000

MULTI_FAMILY - Miami, FL

Property size:
2,369 SF
Price / SF:
$337/SF
Added:
Jul 8, 2026
Days on Market:
3
Last Refresh:
Jul 10 at 3:06 pm

Property Features for 7358 - 7360 SW 23rd St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Rooms
Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 2, Bathroom 2
Parking
6
Standard status
Active
APN
30-40-11-020-0990
Size
2,369 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
11 54 40 CORAL TERR SEC NO 2 PB 14-58 LOT 57 & 57-A BLK F LOT SIZE 50.000 X 175 OR 12047-2552 0284 4 25258-1784
Tax Annual Amount
12144

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air

Building Details

Year built
1977
Floors in Building
1
Building materials
Block
Roof type
Concrete

Listing agent Antonio Cristobal License #3253230

Listing office Real Estate Sales Force 814 Ponce De Leon Blvd Suite 503, Coral Gables, FL

Listing date Jul 8, 2026

MLS# A12015788 Listing URL

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 single-story duplex is configured as two separate residential units, each with its own functional layout and ample natural light. The property includes one 3-bedroom, 2-bath unit and one 2-bedroom, 1-bath unit. Both units are currently tenant-occupied, supporting immediate income potential for an owner. On-site parking is provided for residents.

Located in Miami, the duplex sits along Coral Way near Westchester, with convenient access to major highways and nearby retail, dining, and schools. The asset’s position within an established residential area supports practical everyday access for tenants.

For investors or owner-occupants seeking a manageable multifamily setup, the two-unit design allows separate unit mixes while keeping the overall property straightforward to operate. With tenant occupancy already in place and resident parking available, this property can appeal to buyers looking for a duplex structure rather than a larger complex. At 7358–7360 SW 23rd St, it offers a clear, unit-specific income profile anchored by two distinct floor plans.

Key Highlights

  • Single‑story duplex built in 1977 with concrete roof and block construction
  • 2 separate units: a 3‑bedroom/2‑bath unit and a 2‑bedroom/1‑bath unit
  • Both units are currently tenant‑occupied

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $72.5k $30.60
− Vacancy −$4.6k −$1.95
EGI $67.9k $28.65
− OpEx −$20.4k −$8.60
NOI $47.5k $20.06
2,369 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$678.7K
$593.9K – $791.9K (±1% cap)
NOI $47,512 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$625.2K
$547.0K – $729.4K (±1% cap)
NOI $43,763 @ 7.0% cap · market cap 5.47%
Theoretical Best
Specialty Retail
$1.60M
$1.40M – $1.87M (±1% cap)
NOI $111,936 @ 7.0% cap · market cap 13.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Grocery & Convenience Store Pet Grooming Service Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Tenant-occupied duplex offers two distinct residential units plus on-site parking for day-to-day resident convenience.
Where is this duplex located?
The property is located at 7358 - 7360 SW 23rd St Miami, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Single‑story duplex built in 1977 with concrete roof and block construction; 2 separate units: a 3‑bedroom/2‑bath unit and a 2‑bedroom/1‑bath unit; Both units are currently tenant‑occupied
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