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404 NW 23Rd Ct Miami, FL 33125

For Sale
$715,000

Multifamily property in Miami with expansion and redevelopment potential.

Building Details

Year built
1938

Source: One Stop Realty Agent Gelsis Navarro

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Miami Multifamily Property with Expansion Potential

Located in Miami, this multifamily residential property offers opportunities for investors, homebuyers, and developers. The property features a two-unit main residence and an additional efficiency unit, situated on a lot with potential for future growth and customization. The main structure includes two units: one with a 2/1 ratio and the other with a 1/1 ratio. The property is zoned T3-O Miami, allowing for expansion, redevelopment, and rental income for 3-unit development sites. It is located minutes from downtown Miami and in proximity to Wynwood, Brickell, and Midtown. Nearby amenities include educational institutions, healthcare facilities, and accessible parks and recreational areas.
Location Intelligence

Current Use by Public Records

Solar Angels Solar Energy System Service

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.23399
Latitude
25.77664

FAQs

What type of property is this?
Multifamily property - Multifamily property in Miami with expansion and redevelopment potential.
Where is this multifamily property located?
The property is located at 404 NW 23Rd Ct Miami, FL.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: - Three Income-Generating Units: Features two main units (2/1 and 1/1) plus an additional efficiency unit, providing immediate rental income.; - T3-O Miami Zoning: Allows for expansion, redevelopment, and rental income potential for a 3-unit development.; - Spacious Lot with Growth Potential: Offers ample space for future growth, customization, and potential expansion of the existing structure.
More about this property
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