2740 SW 23rd St, Miami, FL 33145

Miami
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
2740 SW 23rd St,Miami, FL 33145
$1,449,000
Virtual Tour
  • - Beds
  • - Baths
  • 4,761 sq. ft.
  • Multi-family
  • Pending
Listed by: eric farmelant, andres perez-cervera
Office: compass florida, llc.
MLS#:A11920863
Source:SEFMLS

Price summary

  • Price:$1,449,000
  • Price per sq. ft.:$254.39

About this home

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

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1988
  • Listing ID #:A11920863
  • Updated:March 05, 2026 at 10:02 PM

Rooms and interior

  • Flooring:Tile
  • Living area:4,761 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Window Units
  • Heating:Central, Wall Furnace

Structure and exterior

  • Roof:Barrel
  • Year built:1988
  • Building area:4,761 sq. ft.
  • Construction Materials:Block
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,449,000
  • Price per sq. ft.:$254.39
  • Tax amount:$21,681 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

New listings near 2740 SW 23rd St