Home
Income/MultiFamily
Type
1969
Built
Listing courtesy of
1st Florida Homes
Hillevi Simon
MLS® #A11991115
Listing information last updated June 6, 2026
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Overview
This income/multifamily in Vizcaya Coral Way is listed for sale at $1,800,000. Built in 1969.
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.
Listing history
Price reduced
↓ $150,000 from $1,950,000 · Jun 6, 2026 · MIAMI MLS
$1,800,000
Listed for sale
Mar 26, 2026 · MIAMI MLS
$1,950,000
Days on market
as of today
118 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$17,544
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11991115
Price$1,800,000
Year built1969
TypeIncome/MultiFamily
StatusFor Sale
Features & amenities
Has Cooling System
Has Heating System
Location
3191 SW 23rd St, Miami FL 33145
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 118 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.