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.
Listed by Eric Farmelant
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License #3290089
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Compass Florida, LLC
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954-850-3905
Listed by Andres Perez-Cervera
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License #3254314
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Compass Florida, LLC
Last updated December 01, 2025
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Source: MIAMIRE #A11920863
Listing Facts
TypeMulti-family
NeighborhoodMiami Urban Acres
Days on Prevu9
Taxes$21,681/year
Size4,761 sqft
Price per sqft$304
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
12/01/2025
Listed by Compass Florida, LLC
$1,449,000
Property Details for 2740 SW 23rd St
Exterior
Construction
Roof: Barrel Roof
Stories: 2
Stories Total: 2
Structure Type: Duplex
Year Built: 1988
Year Built Details: Effective Year Built
Architectural Style: Attached
Building Name: AMND MIAMI SUBURBAN ACRES
Construction Materials: Concrete Block Construction
Measurements
Building Area Total: 5,696
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 01-41-16-009-5570
Tax Annual Amount: $21,681.00
Tax Year: 2024
Interior
Features
Flooring: Tile
Measurements
Living Area: 4,761
Living Area Units: Square Feet
Other
Location
Subdivision Name: AMND MIAMI SUBURBAN ACRES
Parking
Parking
Parking Total: 6
Utilities
Equipment
Cooling: Central Air, Wall/Window Unit(s)
Has Cooling: Yes
Heating: Central, Window/Wall
Has Heating: Yes
Sewer: Public Sewer
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 2740 SW 23rd St.
Does this multi-family home have parking?
Yes, there are 6 parking spaces available for 2740 SW 23rd St.
What are the annual taxes for 2740 SW 23rd St?
Annual taxes for this multi-family home are estimated at $21,681.
How does 2740 SW 23rd St compare to other multi-family homes in Miami Urban Acres?
This multi-family home is listed 47% below the average price for multi-family homes in Miami Urban Acres and has been on the market for 79 less days than the typical home in this area.
What building or home owners association is the multi-family home part of?
This multi-family home is in the AMND MIAMI SUBURBAN ACRES building.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,761 sqft.
2740 SW 23rd St is a -bedroom multi-family home for sale in Miami FL 33145. Listed on Prevu for 9 days at $1,449,000. This home features 4,761 square feet of living space, located in Miami Urban Acres. The median listing price for multi-family homes in this area is $519,000. The home offers pets allowed, air conditioning, and parking. Browse more multi-family home listings in Miami.
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.