Quadruplex in 3191 SW 23rd Street, Miami, FL 33145 for sale with MLS# A12068193

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.

📅 View days on the market

Days on the market

3191 SW 23rd Street, Miami, FL 33145

Price
Price:
$1,800,000.00
Original List Price:
$1,800,000.00
List Price per Sq Ft (Calculated, Approx.):
$404.31
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
New Listing
Last Major Update on:
March 26, 2026 4:00 am
Measures
Living Area:
4,452 Sqft
Built-Up Area:
4,452 Sqft
Lot Size Dimensions and Info:
7,325 sf
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Separate Meters, Window/wall
Storm Protection Accordian Shutters:
Complete
Construction
Year Built:
1969
Roof:
Flat, Tile
Number of Units Total:
4
Levels:
Two
Construction Materials:
CBS
Flooring:
Tile
Number of stories:
2
Structure Type:
Multi Family
Number of Units in the Community or Building:
4
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$17,544.00
Tax Year:
2025
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Not Available
Community
Subdivision Name:
MIAMI SUBURBAN ACRES
Senior Community:
No
Terms
Documents Available:
Rent Rolls
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
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
Real Estate Folio Number (Parcel Number):
0141160080450
Zoning:
5700
Public Schools Assigned
Elementary School:
Frances S. Tucker
High School:
Coral Gables
Listing History
Active on the market since:
March 26, 2026
Listing Agreement executed on:
March 26, 2026
Listing Status Last Changed On:
March 26, 2026 4:00 am
Photos updated on:
August 10, 2026 3:00 am
Last Modified:
August 10, 2026 3:31 am
Additional Information
Courtesy of:
1st Florida Homes
Attribution:
Not provided
Location
Street Name:
23rd
Street Number:
3191
City:
Miami
State:
Florida
Zip Code:
33145
County:
Miami-Dade
Latitude:
N25° 44' 54.8''
Longitude:
W81° 45' 14.7''
Street Suffix:
Street
Street Direction Prefix:
SW
Property Map

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Neighborhood Stats

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

Median Household Income $70,592
Median Home Value $560,300
Median Rent $1,769/mo
Median Age 43
Population 29,454

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 24 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 3191 SW 23rd Street, Miami, FL 33145
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.