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Keller Williams Realty Boca Raton
2740 SW 23rd Street, Miami, FL 33145
- $1,300,000
- 4,761
- SqFt
- Sold Price
- $1,300,000
- List Price
- $1,449,000
- Days on Market
- 94
- Closing Date
- Apr 17, 2026
- MLS#
- A11920863
- Sq. Ft
- 4,761
- Subtype
- Duplex
- County
- Miami-Dade
- Subdivision
- Amnd Miami Suburban Acres
- Year Built
- 1988
Property 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 secure a large, high-performing asset with substantial upside from day one.
Additional Information
- Construction
- Block
- Cooling
- Central Air, Wall/Window Unit(s)
- Flooring
- Tile
- Heating
- Central, Separate Meters, Wall Furnace
- Roof
- Barrel
- Taxes
- $21,681
- Utilities
- Cable Available
- Stories
- 2
- Price Per Sqft
- $273
- Elementary School
- Silver Bluff
- Middle School
- Ponce De Leon
- High School
- Coral Gables
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Listing courtesy of Compass Florida, LLC. Contact:
Selling Office: MAR NON MLS MEMBER.
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: Eric Farmelant | Email: Eric.farmelant@compass.com