loading...
MLS ID: A11920863
List Price: $ 1 449 000
Sold Price: $ 1 300 000 (-10%)
Status: Closed
List date: 12/01/2025
Closing Dt: 04/17/2026
Days on Market: 137
Sell $ 280 per SqFt
2740 SW 23rd St, Miami
#MLS: A11920863
$ 1 449 000
Listing date12/01/2025
CityMiami, FL 33145
Address2740 SW 23rd St
Area4647 sqft
Tax/year$ 21 681
Built year1988

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 neighborhooddirectly across from Publix and just minutes from COCONUT GROVE AND CORAL GABLESthe 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 areas rapid appreciation. This is a rare opportunity to secure a large, high-performing asset with substantial upside from day one.

Similar listings