Duplex in 1040 NW 23rd Court, Miami, FL 33125 with MLS# A12028039

Income-producing duplex located in a growing Miami neighborhood with strong long-term upside potential. This property features two separate 2-bedroom, 1-bath units, offering an excellent opportunity for investors seeking rental income or owner-occupants looking to offset expenses with additional rental revenue. Situated on a spacious lot, the property is conveniently located near major highways, Miami International Airport, shopping, dining, schools, and public transportation. Just minutes from Midtown Miami, Wynwood, and Downtown Miami, this location offers easy access to some of the city's most desirable destinations. Tenant occupied. Showings by appointment only. Please do not disturb tenants.

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1040 NW 23rd Court, Miami, FL 33125

Price
Price:
$800,000.00
Original List Price:
$800,000.00
List Price per Sq Ft (Calculated, Approx.):
$418.08
Close Price:
$735,000.00
Transaction closed on:
August 6, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Status Change
Last Major Update on:
August 10, 2026 11:19 am
Measures
Living Area:
1,758 Sqft
Built-Up Area:
1,974 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Other
Heating
Heating System:
Central, Other
Construction
Year Built:
1963
Roof:
Aluminum
Number of Units Total:
2
Levels:
Two
Construction Materials:
CBS
Flooring:
Other
Number of stories:
1
Structure Type:
Duplex
Number of Units in the Community or Building:
2
Flood Zone Code:
AE,X
Taxes and Expenses
Tax Annual Amount:
$9,838.00
Tax Year:
2025
Property Tax Details:
City/County
Utilities
Utilities Available:
Sewer Available, Cable Not Available
Community
Subdivision Name:
RIVERSIDE FARMS
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Other
Zoning and Legal
Tax Legal Description:
34 53 41 RIVERSIDE FARMS PB 2-88 S70FT OF BLK 39 LESS W185FT LOT SIZE 70.000 X 109
Real Estate Folio Number (Parcel Number):
0131340381631
Zoning:
5700
Public Schools Assigned
Elementary School:
Atwater Bay Elementary
High School:
Miami Jackson
Middle Or Junior School:
Citrus Grove
Listing History
Active on the market since:
May 30, 2026
Listing Agreement executed on:
May 30, 2026
Purchase Contract Date:
August 6, 2026
Listing Status Last Changed On:
August 10, 2026 11:19 am
Photos updated on:
August 10, 2026 11:25 am
Last Modified:
August 10, 2026 11:26 am
Additional Information
Courtesy of:
Madison Allied LLC
Attribution:
Not provided
Location
Street Name:
23rd
Street Number:
1040
City:
Miami
State:
Florida
Zip Code:
33125
County:
Miami-Dade
Latitude:
N25° 46' 57.8''
Longitude:
W81° 45' 55''
Street Suffix:
Court
Street Direction Prefix:
NW
Property Map

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Neighborhood Stats

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

Median Household Income $40,940
Median Home Value $377,600
Median Rent $1,427/mo
Median Age 43
Population 55,449

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.