$1,999,000
Active
$1,999,000
2605 115th
Miami, FL 33165
5 bd5 ba4,795 sqft
Coral Way Estates
$1,800,00072 days on marketActive
3191 SW 23rd Street, Miami, FL 33145
Miami, FL 33145
0
Sq Ft
1969
Year Built
0.17 acres
Lot Size
Listing Snapshot
| List Price | $1,800,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.17 acres |
| Year Built | 1969 |
| Property Tax | $17,544/yr |
| MLS # | 1156245661 |
| Status | Active |
| Days on Market | 72 |
About This Home
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.
General Features
- Property Type
- CommercialSale
- Sub-type
- MultiFamily
- Stories
- 2
- Parking
- Assigned,Other
- Zoning
- 5700
- Security
- SmokeDetectors,SecurityFence
Interior Features
- Flooring
- Tile
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
Exterior Features
- Construction
- Block
- Roof
- Tile
- Lot Features
- ResidentialLot
Community Features
- MLS Area
- 2410
Map
Virtual Tour
View Virtual TourListed by Hillevi Simon · 1st Florida Homes
MLS# 1156245661 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1156245661 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $1,440,000
%
Est. Monthly$11,285
Principal & Interest$9,823
Property Tax$1,462
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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