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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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3191 SW 23rd St , Miami, FL 33145
$1,800,000
Est. Payment: $9,220.48/mo
0 Bed
0 Bath
4452 Sqft
Status: active | Days on site: 72
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by Hillevi Simon , 305-619-4435 1st Florida Homes , 954-989-4909. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
0.17

Year Built

1969

County

Miami-Dade

Area

41

Listing ID

A11991115

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Tile
Water:Public

Exterior Features

Zoning:5700
Roof:Tile
Others:
  • Additional:Storm/Security Shutters
Sewer:Public Sewer
Parking Features:Assigned
Principal Interest
$9,220
Taxes
$1,462

Home Price

$1,800,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$360,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,220.48

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,220.48 $1,462.00 $0.00 $10,682.48
Yearly $110,645.73 $17,544.00 $0.00 $128,189.73
Total $3,319,372.02 $526,320.00 $0.00 $3,845,692.02

Today's Rates

30 Year

6.63%

20 Year

6.41%

15 Year

5.96%

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Market insight data is pulled from the same city as the listing being viewed (Miami, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-26T04:23:58.000Z

© 2026 REALTOR Association of Greater Miami and the Beach