Duplex in 2740 SW 23rd St Miami for sale with MLS# A11920863
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.
2740 SW 23rd St, Miami, FL 33145
- Price:
- $1,449,000.00
- Original List Price:
- $1,449,000.00
- Rent Includes:
- Water, Electricity
- Listing Type:
- For Sale
- Status:
- Pending (An offer has been accepted)
- Contingency:
- Financing
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- MLS Number:
- A11920863
- Description of Last Important Update:
- Pending (An offer has been accepted)
- Last Major Update on:
- March 5, 2026 3:44 pm
- Living Area:
- 4,761 Sqft
- Built-Up Area:
- 5,696 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than Quarter Acre
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air, Wall/window Unit(s)
- Heating
- Heating System:
- Central, Wall Furnace
- Year Built:
- 1988
- Year Built Details:
- Effective Year Built
- Roof:
- Barrel
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Tile
- Stories:
- 2
- Tax Annual Amount:
- $21,681.00
- Tax Year:
- 2024
- Property Tax Status:
- Tax Reflects No Exemptions
- Parking Total Spaces:
- 6
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- AMND MIAMI SUBURBAN ACRES
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Tenant
- Buyer Possession:
- Closing And Funding
- Lease Considered:
- No
- Tax Legal Description:
- 16 54 41 PB 4-73 AMD PLAT OF MIAMI SUB ACRES LOT 7 BLK 12 LOT SIZE 50.000 X 150 75R-64382
- Real Estate Folio Number (Parcel Number):
- 01-41-16-009-5570
- Zoning Description:
- 5700
- Originally published on:
- December 1, 2025 10:17 am
- Active on the market since:
- December 1, 2025
- Price change occurred on:
- November 25, 2025 10:48 am
- Listing Status Last Changed On:
- March 5, 2026 3:44 pm
- Photos updated on:
- December 1, 2025 3:37 pm
- Last Modified:
- March 5, 2026 8:45 pm
- Flood Zone:
- X
- Type of Association:
- None
- Style:
- Duplex
- Municipal Code:
- 1
- Subdivision Number:
- 9
- Courtesy of:
- Compass Florida, LLC
- Attribution:
- Not provided
- Street Name:
- 23rd St
- Street Number:
- 2740
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33145
- County:
- Miami-Dade
- Latitude:
- N25° 44' 53.5''
- Longitude:
- W81° 45' 38.9''
- Street Direction Prefix:
- SW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami

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