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. B

2740 SOUTH WEST 23RD ST, Miami

$1,449,000 USD
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Address2740 SOUTH WEST 23RD ST, Miami
Building NameAMND MIAMI SUBURBAN ACRES
Type of PropertyDuplex
Property StyleDuplex
Price$1,449,000
Property StatusPending
MLS NumberA11920863
Living Area4761
Year Built1988
Parking Space Number6
Folio Number01-41-16-009-5570
Zoning Information5700
Days on Market27

Detailed Description: 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 neighborhood—directly across from Publix and just minutes from COCONUT GROVE AND CORAL GABLES—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 area’s rapid appreciation. This is a rare opportunity to secu

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33145
Address2740 SOUTH WEST 23RD ST
Section16
Zip Code (4 Digits)3308
Financial Information
Price$1,449,000
Price per Foot$0
Folio Number01-41-16-009-5570
Tax Amount$21,681
Tax Year2024
Possession InformationFunding
Type of ContingenciesFinancing
Full Descriptions
Detailed DescriptionExceptional 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 neighborhood—directly across from Publix and just minutes from COCONUT GROVE AND CORAL GABLES—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 area’s rapid appreciation. This is a rare opportunity to secu
Roof DescriptionBarrel Roof
Floor DescriptionTile
Cooling DescriptionCentral Air, Wall / Window Unit (s)
Heating DescriptionCentral, Window / Wall
Sewer DescriptionPublic Sewer
Property parameters
Living Area4761
Zoning Information5700
Year Built1988
Type of PropertyDuplex
StyleDuplex
Building NameAMND MIAMI SUBURBAN ACRES
Development NameAMND MIAMI SUBURBAN ACRES
Construction TypeConcrete Block Construction
Stories Number2.000
Street DirectionSouth West
Parking Space Number6
Listed withCompass Florida, LLC