2637 NW 23rd Court, Miami, FL 33142

$689,000
2,003
SqFt

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List Price
$689,000
Days on Market
74
MLS#
A12002456
Sq. Ft
2,003
Subtype
Duplex
County
Miami-Dade
Subdivision
Westhaven
Year Built
1959

Property Description

INCOME-PRODUCING DUPLEX WITH TRIPLEX POTENTIAL IN PRIME MIAMI LOCATION (T4-R ZONING)Excellent opportunity to own a cash-flowing duplex in the heart of Miami’s rapidly growing Allapattah area. The property features two 1 bedroom, 1 bathroom + den units, with the den easily convertible into a second bedroom, maximizing both usability and rental potential.Both units are currently occupied, generating $3,400/month in rental income. Current rents are $1,700 per unit, below market value, offering immediate upside through rental increases.The property has undergone extensive recent improvements, including full exterior stucco and paint, roof improvements in 2025, a leveled backyard with new landscaping and turf, and a new chain link fence. Interior updates include fresh paint, a new refrigerator, updated bathroom vanity and toilet, and a new split A/C unit.A standout feature is the detached CBS structure with electrical already in place, providing a near turnkey opportunity to convert into a fully separate third unit. Architectural plans are available, giving the next owner a clear path to expansion without starting from scratch.Zoned T4-R, allowing up to 4 units, with parking up to 6 vehicles. Centrally located just minutes from Wynwood, the Design District, Brickell, and MIA Airport.In-place income, below-market rents ready to be increased, and a near-complete third unit position this property for a significant increase in cash flow and overall return.

Additional Information

Construction
CBS (Concrete Block Structure), Block
Cooling
Electric, Wall/Window Unit(s)
Flooring
Tile
Heating
Other, Separate Meters, Wall Furnace
Roof
Shingle
Taxes
$9,426
Utilities
Cable Available
Stories
1
Price Per Sqft
$343
Elementary School
Maya Angelou
Middle School
Brownsville
High School
Miami Northwestern

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Listing courtesy of LoKation. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Chabelli Gugliatto | Email: chabelligugliatto@yahoo.com