Duplex in 2637 NW 23rd Ct Miami for sale with MLS# A12002456

INCOME-PRODUCING DUPLEX WITH TRIPLEX POTENTIAL IN PRIME MIAMI LOCATION (T4-R ZONING) Excellent opportunity to own a cash-flowing duplex in the heart of Miami's rapidly growing Allapattah area. The property features two 1 bedroom, 1 bathroom + den units, with the den easily convertible into a second bedroom, maximizing both usability and rental potential. Both units are currently occupied, generating $3,400/month in rental income. Current rents are $1,700 per unit, below market value, offering immediate upside through rental increases. The property has undergone extensive recent improvements, including full exterior stucco and paint, roof improvements in 2025, a leveled backyard with new landscaping and turf, and a new chain link fence. Interior updates include fresh paint, a new refrigerator, updated bathroom vanity and toilet, and a new split A/C unit. A standout feature is the detached CBS structure with electrical already in place, providing a near turnkey opportunity to convert into a fully separate third unit. Architectural plans are available, giving the next owner a clear path to expansion without starting from scratch. Zoned T4-R, allowing up to 4 units, with parking up to 6 vehicles. Centrally located just minutes from Wynwood, the Design District, Brickell, and MIA Airport. In-place income, below-market rents ready to be increased, and a near-complete third unit position this property for a significant increase in cash flow and overall return.

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Days on the market

2637 NW 23rd Ct, Miami, FL 33142

Price
Price:
$720,000.00
Original List Price:
$720,000.00
Lease Details
Rent Includes:
Trash Collection, Pest Control
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
MLS Number:
A12002456
Description of Last Important Update:
New Listing
Last Major Update on:
April 16, 2026 1:55 pm
Measures
Living Area:
2,003 Sqft
Built-Up Area:
2,441 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Wall/window Unit(s), Electric
Heating
Heating System:
Other, Wall Furnace
Construction
Year Built:
1959
Year Built Details:
Effective Year Built
Roof:
Shingle
Levels:
One
Construction Materials:
Block
Flooring:
Tile
Stories:
1
Taxes and Expenses
Tax Annual Amount:
$9,426.00
Tax Year:
2025
Property Tax Status:
Tax Reflects No Exemptions
Parking
Parking Total Spaces:
6
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
WESTHAVEN
Senior Community:
No
Terms
Documents Available:
Other
Listing Terms Considered by Seller:
Cash, Conventional, Other
Occupant Type:
Tenant
Buyer Possession:
Close Of Escrow, Closing And Funding
Zoning and Legal
Tax Legal Description:
WESTHAVEN PB 6-95 LOT 10 BLK 2 LOT SIZE 40.000 X 135 COC 26431-2604 06 2008 5
Real Estate Folio Number (Parcel Number):
01-31-27-026-0311
Zoning Description:
3900
Listing History
Originally published on:
April 16, 2026 1:55 pm
Active on the market since:
April 16, 2026
Listing Activated On:
April 16, 2026
Price change occurred on:
April 16, 2026 1:55 pm
Listing Status Last Changed On:
April 16, 2026 1:55 pm
Photos updated on:
April 16, 2026 6:38 pm
Last Modified:
April 16, 2026 11:01 pm
Additional Information
Flood Zone:
AE
Type of Association:
None
Style:
Duplex
Municipal Code:
1
Subdivision Number:
26
Courtesy of:
LoKation
Attribution:
305-793-5833
Location
Street Name:
23rd Ct
Street Number:
2637
City:
Miami
State:
Florida
Zip Code:
33142
County:
Miami-Dade
Latitude:
N25° 48' 2.6''
Longitude:
W81° 45' 55.5''
Street Direction Prefix:
NW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $37,900
Median Home Value $298,000
Median Rent $1,289/mo
Median Age 40
Population 56,437

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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