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Miami Suburban Acres, 3191 SW 23rd St
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$1,800,000
Beds
4,452
SqFt$404
$/SqFtMid-Tier Multifamily
Built in 1969
Fourplex
Storm Security Shutters
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.
MLS Number: A12068193
On Site: 40 Days
Updated: 40 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: StormSecurityShutters
Interior, Heating and Cooling
- Heating Description: WallFurnace
- Cooling Description: WallWindowUnits
Building and Construction
- Floor Description: Tile
- Year Built: 1969
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2026-08-09T22:22:16.000-00:00
Taxes, Fees & More
- Taxes: 17544
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
08/09/2026
Listed
$1.8M
$404 ft2
$4,352 m2
08/09/2026
$1.8M
Event
Listed
Price Per
$404 ft2
$4,352 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Hillevi Simon • 1st Florida Homes • Buyer Agency Compensation .
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Scores
88
100
45
100
55
100
75
100
0
100
31
100
2
100
Community Snapshot
2 – 4 BR
Bedrooms
$799K – $1.8M
Price Tier
856 - 5,420
SqFt Range
1969
Year Build
2
Total Floors
Subdivision Amenities
Pool
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