# 3191 SW 23rd St, Miami, FL 33145

> **TL;DR:** commercial, $1,950,000, built 1969. Est. $8,450/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,950,000 |
| Year Built | 1969 |
| Lot Size | 7,327 sqft (0.17 acres) |
| Property Type | Commercial (Single Family Attached) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $8,450 |
| **Total** | **$8,450** |

## Property Highlights

- Built in 1969
- 0.17 acre lot

## Description

### Agent 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

- **Address:** 3191 SW 23rd St, Miami, FL 33145
- **County:** Miami-Dade

## Listing Agent

- **Name:** Hillevi Simon
- **Brokerage:** 1st Florida Homes
- **Phone:** 9542753100
- **Email:** realty@hillevisimon.com

## Primary Photo

![3191 SW 23rd St - Primary Photo](http://lh.rdcpix.com/34775b4020bda0493a0269b53353fe21l-f3913740924r.jpg)

*56 total photos available on [listing page](https://www.propertysimple.com/listing/3191-sw-23rd-st-miami-fl-33145-11991115)*

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**MLS#:** A11991115 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/3191-sw-23rd-st-miami-fl-33145-11991115)

---

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