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Apartment Building with Garage Parking
For Sale
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628 NW 23rd Ave, Miami, FL 33125

2016 multifamily property with individually metered water and laundry equipment in every unit.

Property SizeContact for details
Days on Market143

Property Features for 628 NW 23rd Ave

General Information

Standard status Active
Total Parking Spaces 49
Property subtype Multifamily
Zoning T6-8-o

Additional Details

Sprinkler System Yes

Amenities

in-unit washer/dryer
air conditioning
security cameras

Building Details

Year Built 2016
Listing Agency: Sunny Florida Real Estate
Listed By: Francesco Tognini · License #3215340
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:10PM

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 Sunny Florida Real Estate

Investment Insights

Based on property information with market context.

This 2016 apartment property contains 29 units and an adjacent duplex and lot. The building includes porcelain flooring, tiled bathroom walls, impact-rated windows, high-efficiency Rheem air-conditioning systems, and compact water heaters. Each unit has a compact washer and dryer, along with separate water metering.

On-site parking includes an inside garage with 49 spaces, supported by camera coverage. Fire protection features include an alarm and sprinkler system. The property is zoned T6-8-o, with the source information stating that the adjacent land could accommodate a 45-unit twin-tower building.

Key Highlights

  • 29‑unit apartment building completed in 2016
  • Inside garage parking with 49 spaces
  • T6‑8‑o zoning with stated capacity for a 45‑unit twin‑tower building

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Butcher (Bike/Boat/Book/etc) Store Acupuncture Carpet & Flooring Store Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

3,237
Businesses Nearby

Demographics for 33125, FL

53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 2016 multifamily property with individually metered water and laundry equipment in every unit.
Where is this apartment building located?
The property is located at 628 NW 23rd Ave Miami, FL.
What are key features of this property?
This property features: 29‑unit apartment building completed in 2016; Inside garage parking with 49 spaces; T6‑8‑o zoning with stated capacity for a 45‑unit twin‑tower building
More about this property
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