Six-Story Apartment
For Sale
Contact for pricing
439 NE 23rd St, Miami, FL 33137
Forty-two-unit property with 12 remodeled residences and Short Term Rental zoning.
Property SizeContact for details
Lot Size0.51 Acres
Days on Market145
Property Features for 439 NE 23rd St
General Information
Standard status
Active
Net Rentable
38,853 SF
Lot size
0.51 Acres
Property subtype
Multifamily
Zoning
T6-36
Additional Details
Multifamily Units
42
Building Details
Year Built
1972
Stories
6
Listing Agency:
Porosoff Group
(305) 776-5345
Listed By:
Arthur Porosoff · License #3160379
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 3:07PM
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 Porosoff Group
Investment Insights
Based on property information with market context.
This six-story mid-rise apartment property at 439 NE 23rd St includes 42 units across six floors and 38,853 rentable square feet. Originally constructed in 1972, the building sits on a 0.51-acre lot, with 12 units remodeled. Those remodeled residences generate an average of 27% more than the non-remodeled units.
The property is located in Miami’s Edgewater corridor, east of Biscayne Blvd and west of the Wynwood neighborhood. T6-36 zoning allows the stated opportunity to convert the existing property into a 36-story high-rise. Short Term Rental zoning is also in place, supporting the repositioning strategy described for the asset.
The property is located in Miami’s Edgewater corridor, east of Biscayne Blvd and west of the Wynwood neighborhood. T6-36 zoning allows the stated opportunity to convert the existing property into a 36-story high-rise. Short Term Rental zoning is also in place, supporting the repositioning strategy described for the asset.
Key Highlights
- 42 units across six stories
- 38,853 rentable square feet on a 0.51‑acre lot
- 12 units remodeled; remodeled units generate an average of 27% more
Property Analytics
Property Profile
Current Use
Lease Details
42
Residential units
Location Intelligence
Trade Area within ½ mile
5,206
Businesses Nearby
Explore this area
Business Placement
Demographics for 33137, FL
25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Forty-two-unit property with 12 remodeled residences and Short Term Rental zoning.
Where is this apartment building located?
The property is located at 439 NE 23rd St Miami, FL.
What are key features of this property?
This property features: 42 units across six stories; 38,853 rentable square feet on a 0.51‑acre lot; 12 units remodeled; remodeled units generate an average of 27% more
