3191 SW 23rd St, Miami, Florida 33145
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$1,800,000

Commercial for Sale, 3191 SW 23rd St, Miami, Florida 33145

  • MLS#A11991115

Listed By 1st Florida Homes

The Commercial Property for Sale located at 3191 SW 23rd St, Miami, Florida 33145 is currently for sale.

Date Updated : Sep 1, 2026

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.

Location

3191 SW 23rd St, Miami, Florida 33145

3191 SW 23rd St, Miami, Florida 33145

Property features

Lot/Land

  • Land/Lot size: 681 m² (7,325 ft²)

Construction

  • Year built: 1969
  • Roofing: Tile
  • Construction: Cbs Construction

Parking/Garage

  • Parking description: Assigned

Interior Features

  • Floors: Tile

Security

  • Features: Smoke Detector

Heating and Cooling

  • Heating System: Wall Or Window Units
  • Cooling System: Wall Or Window Units

Utilities

  • Other utilities: Public