Closed

Miami Suburban Acres, 3690 SW 23rd Ter Miami, FL 33145

2,500,000(-26% )
$1,850,000Price
2,428SqFt

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Details

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Status:
Sold
Size: 2,428 ft2 / 226 m2
Price: $762 ft2 / $8,202 m2
Type: Multi Family
Built: 1950
MLS Number: A11360739
On Site: 779 Days
Updated: 420 Days ago
Page Views: 0
Great investor/developer opportunity. Well-maintained duplex on a 14,000 sf lot, located just blocks to shopping & dining on miracle mile in coral gables and close to the bayfront community of coconut grove. Current structure offers 2 rentable units (one is a 2br/2ba and the other a 2br/1ba). Both units are currently tenant occupied at below market rental values. Potential for rental income or for future development of multi-family structure. The lot is zoned t6-8-o (able to build a max of 48 units). Just a few minutes drive to mia, downtown, key biscayne & the beaches.

Features

Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Fence

Price History

03/14/2024

Date

Sold

Event

$1.9M

Price

-26%

Change Rate

$762 ft2 / $8,202 m2

Price Per

05/25/2023

Date

Price Reduced

Event

$2.5M

Price

-16.67%

Change Rate

$1,030 ft2 / $11,083 m2

Price Per

03/22/2023

Date

Listed

Event

$3M

Price

$1,236 ft2 / $13,300 m2

Price Per

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

Listed by Ana CuanCompass Florida, LLC • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$300/ft²
$600/ft²
$900/ft²

Unit 3690 SW 23rd Ter – Asking

$762/ft²

(+43%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$534/ft²
Community $/Price Range (Closed) $238/ft² – $664/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
3121 SW 23rd Ter2/42,244$305North$685,0001/17/2025
# amnd plat of miami suburban acres2/42,428$762North$1,850,0003/5/2024
Bed/Bath: 2/4Size SqFt: 2,244$/SqFt: $305Exposure: NorthSold: $685,000Closed Date: 1/17/2025
Bed/Bath: 2/4Size SqFt: 2,428$/SqFt: $762Exposure: NorthSold: $1,850,000Closed Date: 3/5/2024
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