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Miami Suburban Acres, 2740 SW 23rd St, Miami, FL, Florida 33145

4,761SqFt

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Details

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Status:
Active
Size: 4,761 SqFt (442 m2)
Price: $304/SqFt ($3,276/m2)
Type: Multi Family
Built: 1988
MLS Number: A11920863
On Site: 23 Days
Updated: 23 Days ago
Page Views: 0
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.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,WallFurnace
        • Cooling Description: CentralAir, WallWindowUnits
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1988
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-12-01T10:17:14.000-00:00
          Taxes, Fees & More
          • Taxes: 21681

          Apples-to-Apples Comparables

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          Price History

          11/25/2025

          Date

          Listed

          Event

          $1.4M

          Price

          $304 ft2 / $3,276 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Eric FarmelantCompass Florida, LLC • Buyer Agency Compensation .

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