Duplex For Sale 525 NW 23rd Ct, Miami, FL 33125
525 NW 23rd Ct, Miami, FL 33125
Property Description: Investor/Builder Opportunity! Expandable 2-story duplex near Downtown, Brickell, Coconut Grove, and Coral Gables. Easy access to 836 expressway and Miami Int. Airport. This well-maintained building comprises 2x 2-bed/1-bath units, both leased month-to-month. Recent improvements include a new roof, water heaters, and electrical panels. The property sits on a 5,600 SF lot with a spacious backyard suitable for development, making it a potential opportunity for investors or builders. The building has central A/C on the lower level and window units on the upper level, features a shared laundry room, and includes four parking spots. It has a single water meter and separate electrical meters. The property is located in Flood Zone X, indicating a low risk for flooding. Seize this rare opportunity!
Useful Info
Lease Details
- Sewer
- Trash Collection
- Water
Land Lot (Parcel) Details
- < 1/4 Acre
Construction
- Resale
- Block
- Ceramic Tile
Property Features
- Shingle
- Central Air
- Wall/window Unit(s)
- Central
Taxes and Expenses
Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.
Terms
- Other
- Survey
- Lease
- Cash
- Conventional
- 1031 Exchange
- Tenant
- Close Of Escrow
Community
Parking
Utilities
- Public Sewer
- Cable Available
- Public
More Details
Tax InformationTax Reflects City & County Tax
Flood ZoneX
Type of AssociationNone
StyleDuplex
FEMA Flood Zone DesignationsX
Municipal Code1
Ref1077221685
Subdivision Number31
Zoning and Legal
Listing History
| Update/Event | Date/Days |
| Published Date: | July 9, 2024 9:35 am |
| On Market Date: | July 9, 2024 |
| Price Change Date Time: | February 10, 2025 10:45 pm |
| Last Important Update Description: | Active Under Contract (An offer has been accepted, considering Backup Offers) |
| Date and Time of Last Important Update: | February 14, 2025 4:17 pm |
| Status Last Changed: | February 14, 2025 4:17 pm |
| Photos Last Modified: | February 11, 2025 1:44 am |
| Last Modified: | February 14, 2025 9:17 pm |
| Days on the Market Reference Date: | February 14, 2025 |
| Days on the Market (updated on Last Modified*): | 220 |
| Cumulative Days on the Market (updated on Last Modified**): | 220 |
