Miami Suburban Acres, 3191 SW 23rd St
$1,580,000
Beds
4,452
SqFt$355
$/SqFtMid-Tier MultifamilyProperty Type
1969Year Built
$355/SqFtPrice per sq ft
FourplexStyle
Storm Security ShuttersExterior Features
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.
Listing Courtesy Of: 1st Florida Homes
Local Realty Services Provided By: Best of Luxury Realty
On Site: 36 DaysUpdated: 35 Days agoPage Views: 0
Features
MLS Number: A12096429
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: 2026-09-27T21:01:51.000-00:00
Taxes, Fees & More
- Taxes: 17544
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
09/27/2026
Listed
$1.6M
$355 ft2
$3,820 m2
09/27/2026
$1.6M
Event
Listed
Price Per
$355 ft2
$3,820 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
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Community Snapshot
4 – 5 BR
Bedrooms
$960K – $1.8M
Price Tier
856 - 5,420
SqFt Range
1968
Year Build
2
Total Floors
Subdivision Amenities
Pool
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- Woodcrest House1
- Wyndwood Park Mixed25
- Yacht Harbour Condo2
- YotelPad Miami Condo25
Ultra Luxury
Ultra Luxury86
- 1600 South Bayshore Ln Condo0
- Aqua Marine Mixed3
- Asia Condo12
- Aston Martin Residences Condo6
- Banks House0
- Bay Crest House5
- Bay Heights House3
- Bay Homes House1
- Bay Point House6
- Bayshore Villas House0
- Beacon Harbour Condo0
- Belle Meade Island House2
- Biscayne Island House5
- Biscayne Park Terrace House0
- Bonita Park House0
- Brickell Flatiron Condo33
- Broadmoor Plaza Land3
- Camner Gables House0
- Club Residences At Park Grove Condo4
- Coco Grove House1
- Coconut Grove Manor House0
- Coconut Grove Park House3
- Crystal Bluff House1
- De Hedouvilles House0
- Douglas Circle House3
- East Utopia House0
- Echo Brickell Condo30
- Eleda House0
- Elysee Condo7
- Enchanted Grove Townhouse0
- Entrada House0
- Espanola Heights House3
- Ewanton Heights House0
- Fairhaven House2
- Four Seasons Residences Condo10
- Four Way Lodge Estates House1
- Gemini 7 Townhouse1
- Gifford Lane Townhomes Townhouse1
- Grove At Grand Bay Condo1
- Grovenor House Condo4
- Hardies Multifamily0
- Hazel Park House2
- Hills Trail Grove House1
- J W Ewans House1
- Jade Residences At Brickell Bay Condo18
- King Park House2
- Leeward Cove Land0
- Lennox Park House1
- Lookout Bay Condo1
- Milledge Heights House0
- Missoni Baia Condo25
- Mr C Tigertail Residences Condo1
- Muze At Met Condo0
- Natoma Manors House1
- Natoma Park House2
- Ocean View House0
- Ocean View Heights House1
- One Park Grove Condo1
- One Thousand Museum Condo13
- One Thousand Venetian Way Mixed4
- Parc Lofts Condo4
- Park Manor House0
- Pent Homestead Townhouse2
- Pinecrest Manor House0
- Pomona House1
- Residences At Vizcaya Condo2
- Rhodes House1
- Rockerman Heights House1
- San Marco House5
- Santa Maria Condo2
- Silver Bluff House2
- Silver Bluff Business Center House0
- Sunshine Fruits House3
- Sunshine Villas House2
- Sunshine Vistas House6
- The Elser Hotel & Residences Condo61
- The Fairchild Condo3
- The Moorings House4
- The Ritz-Carlton Executive Residences Condo0
- The Ritz-Carlton Tower Residences Condo4
- Town Hall House0
- Treasure Trove House0
- Two Park Grove Condo2
- Una Residences Condo20
- Utopia House4
- Ye Little Wood House0
Miami, FL Nearby Cities
$999K - $23.5M
$30K - $30K
$160K - $172.5M
$2K - $85K
$425K - $960K
$2K - $5K
$199K - $2.9M
$2K - $5K
$2K - $3.8M
$2K - $25K