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3191 SW 23rd St
Miami FL 33145 US

$1,800,000

Active Listing ID A12068193
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8 bed
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4,452 square feet
bath icon
4.00 Bath (4 Full)
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Quadruplex

$1,800,000

Active Listing ID A12068193
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3191 SW 23rd St Prime 6-unit multifamily investment opportunity in a high-demand Miami location, just minutes from Coral Gables, Coconut Grove, and Downtown. Property features a mix of 2-bedroom/1-bath and 1-bedroom/1-bath units on a 7, 325 SF lot. Fully occupied with long-term tenants, providing stable in-place income. Current rents are below market, offering significant value-add potential and strong upside through rent repositioning. Recent capital improvements include updated electrical panels, completed 40-year recertification, and hurricane shutters. Ample on-site parking with additional street parking. Centrally located with immediate access to major roadways, employment centers, and Miami International Airport. Pro forma cap rate available upon request.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 4
  • Cooling System: Wall/Window Unit(s), Window Unit(s)
  • Exterior Finish: Storm/Security Shutters
  • Floor Covering: Tile
  • Roof Type: Flat, Tile
  • Heating Fuels: Wall Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 1800000
  • unparsedaddress: 3191 SW 23rd St
  • postalcity: Miami
  • stateorprovince: FL
  • country: US
  • postalcode: 33145
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 4452
  • livingareaunits: Square Feet
  • latitude: 25.748545
  • longitude: -80.245926
  • listagentfullname: Hillevi Simon
  • listagentemail: realty@hillevisimon.com
  • listagentkey: 3yd-MAORFL-3306526
  • listagentmlsid: 3306526
  • listagentpreferredphone: 3056194435
  • listagentofficephone: 3056194435
  • listofficekey: 3yd-MAORFL-RSVH01
  • listagentstatelicense: 3306526
  • listofficemlsid: RSVH01
  • disclaimer: 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.
  • sourcesystemid: MAORFL
  • yearbuilt: 1969
  • listagentfax: 6463904928
  • listagenturl: http://hillevisimon.com
  • countyorparish: Miami-Dade
  • parcelnumber: 01-41-16-008-0450
  • cooling: Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Block
  • flooring: Tile
  • heating: Wall Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 10
  • roof: Flat, Tile
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Storm/Security Shutters
  • architecturalstyle: Other
  • rooms: Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 8, Bedroom 1
  • securityfeatures: Security
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • location: -80.245926, 25.748545
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Roger Portaro", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"roger2324@bellsouth.net", "ListBrokerageCity":"Pembroke Pines", "ListBrokerageCountry":"US", "ListBrokerageEmail":"roger2324@bellsouth.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/140/302566/20150415162530162.png", "ListBrokerageName":"Roger Portaro", "ListBrokeragePhone":"(954) 275-3100", "ListBrokeragePostalCode":"33023", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"6600 Pembroke Rd", "ListBrokerageWebsiteUrl":"http://www.rogerportaro.com", "ListOfficeAddress1":"6600 Pembroke Rd ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"RSVH01", "ListOfficeCity":"Pembroke Pines", "ListOfficeCountry":"US", "ListOfficeEmail":"Office@1stfloridahomes.com", "ListOfficePostalCode":"33023", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - Miami, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3191-SW-23rd-St_Miami_FL_33145_M62603-48520?f=listhub&s=MAORFL&m=A12068193&c=rexren", "MLSModificationTimestamp":"2026-08-10 07:00:52", "Neighborhoods":[{"Description":null, "Name":"MIAMI SUBURBAN ACRES"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":17544, "TaxDescription":"MIAMI SUBURBAN AC PB 2-84 W1/2 OF S1/2 LOT 12 BLK 3 LOT SIZE 7325 SQUARE FEET OR 15319-3680 1291 1", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/10/2026 7:28:43 AM GMT
Source Updated Date: 8/12/2026 12:56:16 AM GMT

Courtesy of: Hillevi Simon, 1st Florida Homes, realty@hillevisimon.com

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.