3191 SW 23rd St Miami, FL 33145
New
Six-unit multifamily property in Miami with value-add potential.
Type:Commercial
Lot size:
0.17 Acres- Added:
- Apr 15, 2026
- Days on Market:
- 7
- Last Refresh:
- Mar 30 at 4:16 am
Property Features for 3191 SW 23rd St
General Information
- Standard status
- Active
- Lot size
- 0.17 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1969
Listing agent Hillevi Simon License #3306526 (305) 619-4435
Listing office Roger Portaro (305) 619-4435
Listing date Apr 15, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Roger Portaro
Overview
Miami Multifamily Investment Opportunity
This six-unit multifamily property presents an investment opportunity in Miami, situated minutes from Coral Gables, Coconut Grove, and Downtown. The property, located on a 7,325 square foot lot, features a mix of two-bedroom, one-bath and one-bedroom, one-bath units. The property is fully occupied with long-term tenants, providing in-place income. Current rents are below market, suggesting potential for increased value through rent repositioning. Recent capital improvements include updated electrical panels, completion of the 40-year recertification, and installation of hurricane shutters. On-site parking is available, supplemented by street parking. The location provides access to major roadways, employment centers, and Miami International Airport. The property has a walk score of 90, indicating it is a 'Walker's Paradise'. The bike score is 59, indicating it is 'Bikeable'. The transit score is 47, indicating 'Some Transit' is available.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.245927
- Latitude
- 25.748544
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Six-unit multifamily property in Miami with value-add potential.
Where is this apartment building located?
The property is located at 3191 SW 23rd St Miami, FL.
What are key features of this property?
This property features: Prime multifamily investment opportunity in a high‑demand Miami location.; Fully occupied with long‑term tenants, providing stable in‑place income.; Significant value‑add potential through rent repositioning (current rents below market).
