537 NW 23rd Place, Miami, FL 33125

Listing Snapshot

About This Home

This legal duplex sits on a 7,500 sq ft lot in the heart of Miami, just minutes from Wynwood, Brickell, Midtown, and Downtown. The area is well connected with easy access to major highways, public transit, dining, shopping, and entertainment. Zoned T3-O, this corridor continues to see strong demand from both renters and developers.The property offers two independent units, each with its own FPL and water meter. The main house is a two-story residence of approximately 2,300 sq ft. The back unit is a detached 2 bed / 1 bath of approximately 800 sq ft.Both units are month-to-month with long-term tenants paying well below market rents — giving the next owner immediate income and strong upside potential on turnover.Municipal Zoning: T3-O | PA Zone: 5700 — Duplexes General | Lot: 7,500 sq ft | Total Area: ±3,224 sq ft | Separate FPL Meters: 2 | Separate Water Meters: 2 | Current Gross Income: $5,150/mo | $61,800/yrPlease do not disturb tenants.

General Features

Property Type

ResidentialIncome

Sub-type

Duplex

Stories

2

Parking Spaces

5

Zoning

5700

Utilities

CableAvailable

Subdivision

1ST ADDN TO RIVERSIDE FAR

Interior Features

Flooring

Tile

Heating

Other,SeparateMeters

Cooling

CentralAir,WallWindowUnits

Exterior Features

Construction

Block

Roof

Flat

Pool

No

Waterfront

No

Community Features

MLS Area

2410

Schools

Map