$1,449,000

2740 SW 23rd St, Miami, FL 33145

  • 4,761 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1988
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $304/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

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 large, high-performing asset with substantial upside from day one.

Listing Status:
Active
Date Added:
December 1, 2025 at 06:00AM
Listing Office:
Compass Florida, LLC : 305-697-5402
Listing Agent:
Eric Farmelant : 954-850-3905
MLS ID:
A11920863
  • Flooring: Tile
  • A/C: Central AirWall/Window Unit(s)
  • Heating: CentralWindow/Wall
  • Style: Attached
  • Roofing: Barrel Roof
  • General: Concrete Block Construction2
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 570016 54 41 PB 4-73 AMD PLAT OF MIAMI SUB ACRES LOT 7 BLK 12 LOT SIZE 50.000 X 150 75R-6438201-41-16-009-5570
  • Sewer: Public Sewer
  • Source: Miami Association of REALTORS®

This listing courtesy of Eric Farmelant, Compass Florida, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Silver Bluff Elementary School

2609 SW 25th Ave, Miami, FL, 33133

Grades PK-5

0.40 miles away

M

Mater Grove Academy

2805 SW 32nd Ave, Miami, FL, 33133

Grades KG-8

0.76 miles away

I

International Studies Virtual

2480 SW 8th St, Miami, FL, 33135

Grades 6-12

1.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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