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

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

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Size: 2,428 ft2 / 226 m2
Price: $762 ft2 / $8,202 m2
Built: 1950
MLS Number: A11360739
On Site: 610 Days
Updated: 251 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

$717 ft2 / $7,718 m2

Price Per

05/25/2023

Date

Price Reduced

Event

$2.5M

Price

-16.67%

Change Rate

$969 ft2 / $10,430 m2

Price Per

03/22/2023

Date

Listed

Event

$3M

Price

$1,163 ft2 / $12,516 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

(+37%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$554/ft²
Community $/Price Range (Closed) $238/ft² – $762/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# amnd plat of miami suburban acres2/42,428$762North$1,850,0003/5/2024
3445 SW 23rd Ter2/42,207$347North$765,0001/16/2024
Bed/Bath: 2/4Size SqFt: 2,428$/SqFt: $762Exposure: NorthSold: $1,850,000Closed Date: 3/5/2024
Bed/Bath: 2/4Size SqFt: 2,207$/SqFt: $347Exposure: NorthSold: $765,000Closed Date: 1/16/2024
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