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2740 SW 23rd St
Miami FL 33145 US

$1,449,000

Active Listing ID A11920863
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Duplex

$1,449,000

Active Listing ID A11920863
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2740 SW 23rd St Exceptional investment opportunity delivering a strong cap rate with long-term tenants already in place. All units are on month-to-month leases, providing immediate flexibility to reposition, raise rents, or redevelop in a high-barrier, high-demand market. Built in 1988, this concrete construction with PVC plumbing offers approximately 5, 000 sq ft of living area on a 7, 500 sq ft duplex-zoned lot. The property provides an impressive footprint and scale that are rarely available in this corridor. Situated in the booming Silver Bluff neighborhood—directly across from Publix and just minutes from COCONUT GROVE AND CORAL GABLES—the location is a premium rental zone with extremely limited affordable inventory. This ensures constant tenant demand and virtually zero vacancy risk. Multi-year tenants provide proven cash-flow stability, while the 3-story new-construction townhomes rising directly behind the property highlight the area’s rapid appreciation. This is a rare opportunity to secure a large, high-performing asset with substantial upside from day one.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Duplex
  • Features
  • Cooling System: Central Air, Multi Units, Window Unit(s)
  • Floor Covering: Tile
  • Roof Type: Barrel
  • Heating Fuels: Central

Property

  • propertytype: Residential
  • propertysubtype: Duplex
  • listprice: 1449000
  • unparsedaddress: 2740 SW 23rd St
  • postalcity: Miami
  • stateorprovince: FL
  • country: US
  • postalcode: 33145
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 4761
  • livingareaunits: Square Feet
  • listagentfullname: Eric Farmelant
  • listagentemail: Eric.farmelant@compass.com
  • listagentkey: 3yd-MAORFL-3290089
  • listagentmlsid: 3290089
  • listagentpreferredphone: 9548503905
  • listagentofficephone: 3056975402
  • listofficekey: 3yd-MAORFL-COMP03
  • listagentstatelicense: 3290089
  • listofficemlsid: COMP03
  • disclaimer: Copyright © 2026 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1988
  • listagenturl: http://www.compass.com
  • countyorparish: Miami-Dade
  • parcelnumber: 01-41-16-009-5570
  • cooling: Central Air, Multi Units, Window Unit(s)
  • constructionmaterials: Block
  • flooring: Tile
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 6
  • roof: Barrel
  • waterfrontyn: False
  • architecturalstyle: Other
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Florida LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Eric.farmelant@compass.com", "ListBrokerageCity":"Miami", "ListBrokerageCountry":"US", "ListBrokerageEmail":"brokerfl@compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Florida LLC", "ListBrokeragePhone":"(305) 851-2820", "ListBrokeragePostalCode":"33139", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"7th Floor", "ListBrokerageUnparsedAddress":"605 Lincoln Rd", "ListBrokerageWebsiteUrl":"http://www.compass.com", "ListOfficeAddress1":"2550 S Bayshore Dr", "ListOfficeAddress2":"Suite 106", "ListOfficeBrokerMlsId":"3023720A", "ListOfficeCity":"Miami", "ListOfficeCountry":"US", "ListOfficeEmail":"mlsfl@compass.com", "ListOfficePostalCode":"33133", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Duplex - Miami, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2740-SW-23rd-St_Miami_FL_33145_M61372-59112?f=listhub&s=MAORFL&m=A11920863&c=rexren", "MLSModificationTimestamp":"2025-12-01T16:00:44Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Duplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":21681, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2026 1:41:05 AM GMT
Source Updated Date: 1/4/2026 10:05:01 PM GMT

Courtesy of: Eric Farmelant, Compass Florida, LLC, Eric.farmelant@compass.com

Copyright © 2026 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.