3018 NW 23rd Ave, Miami, FL 33142
- Added:
- Jul 8, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 8 at 11:06 pm
Property Features for 3018 NW 23rd Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 4, Bedroom 2
- Parking
- 3
- Standard status
- Active
- APN
- 01-31-27-020-0041
- Size
- 2,130 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- MEAD-LAWN PB 9-41 LOT 5 LOT SIZE 40.00 X 134 OR 20560-3287 07 2002 1 COC 26483-2843 06 2008 3
- Tax Annual Amount
- 10007
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Floors in Building
- 1
- Flooring type
- Tile - Ceramic
- Building materials
- Frame
- Roof type
- Shingle
Listing agent Irene Arreaza License #3475042 (305) 336-4895
Listing office EXP Realty LLC 10752 Deerwood Park Blvd #100, Jacksonville, FL (888) 883-8509
Listing date Jul 8, 2026
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.
HighLights
- Income‑producing property generating $6,400/month, with units currently tenant‑occupied
- Main house offers 3 beds/1 bath with central A/C
- Rear building includes two separate 1 bed/1 bath units, each with independent split A/C systems
- Separate meters servicing the main house and rear units
- Central patio between homes plus 3 assigned parking spaces (1 covered)
- Built in 1920 with frame construction, shingle roof, tile - ceramic flooring, and central air; cable available and public sewer
Overview
The property is located at 3018 NW 23rd Ave, Miami, FL 33142 in Miami-Dade County. Units are currently tenant-occupied, and the inspection report is completed. Showings are coordinated exclusively for serious offers, with appointments scheduled on Saturdays from 1 to 5 pm.
For investors, the current configuration is designed for straightforward leasing, with separate meters serving the units. The property is described as income-producing at $6,400 per month, with 3 assigned parking spaces provided for residents, including 1 covered space. Overall, this setup offers a practical multi-unit structure supported by independent climate control for the two rear units and central A/C for the main house.
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 | $65.2k | $30.60 |
| − Vacancy | −$4.2k | −$1.95 |
| EGI | $61.0k | $28.65 |
| − OpEx | −$18.3k | −$8.60 |
| NOI | $42.7k | $20.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.234164
- Latitude
- 25.804048
