$1,800,000

Quadruplex In Miami

  • 4,452 Sqft
  • Updated: Yesterday
  • Source:
    MIAMI REALTORS MLS  MLS#A12068193

About the Property

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 thro
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.
  • Property type

    Other

  • Floors

    2

  • Year built

    1969

  • Price/sqft

    $404

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3191 SW 23rd St, Miami, Florida, United States View on Google Maps
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1st Florida Homes - Pembroke Pines

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1st Florida Homes - Pembroke Pines
Florida, United States
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2
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2026
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1st Florida Homes - Pembroke Pines
Pembroke Pines, Florida, United States
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Last updated
Yesterday
First listed
Aug 10
Listing reference
A12068193
Listing status
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