2740 SW 23rd St Miami, FL 33145  | Multi Family
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$1,449,000

2740 SW 23rd St Miami, FL 33145
0
Bathrooms
0
acres
1988
Year Built
Multi Family
Property Type
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About This Home

Exceptional investment opportunity delivering a strong cap rate with long-term tenants already in place. All units are on month-to-month leases, providing immediate flexibility to reposition, raise rents, or redevelop in a high-barrier, high-demand market. Built in 1988, this concrete construction with PVC plumbing offers approximately 5,000 sq ft of living area on a 7,500 sq ft duplex-zoned lot. The property provides an impressive footprint and scale that are rarely available in this corridor. Situated in the booming Silver Bluff neighborhoodAca?!a??directly across from Publix and just minutes from COCONUT GROVE AND CORAL GABLESAca?!a??the location is a premium rental zone with extremely limited affordable inventory. This ensures constant tenant demand and virtually zero vacancy risk. Multi-year tenants provide proven cash-flow stability, while the 3-story new-construction townhomes rising directly behind the property highlight the areaAca?!a?cs rapid appreciation. This is a rare opportunity to secure a large, high-performing asset with substantial upside from day one.

Location

2740 SW 23rd St Miami, FL 33145

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Listing Agent

Eric Farmelant

Eric Farmelant

Company

(46 reviews)
Avg Price Sold$1.2M
Years Experience13
Total Transactions97