2740 Sw 23rd Street, Miami, FL

$1,300,000

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4,761

Square feet

About 2740 Sw 23rd Street

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.

Features of 2740 Sw 23rd Street

MLS® # A11920863
USD $1,300,000
CAD $1,794,949
CNY 元8,719,620
EUR €1,116,853
GBP £958,883
RUB ₽110,564,610
Last Listing Price $1,449,000
Year Built 1988
Type Residential Income
Sub-Type Duplex
Status Closed
HOPA No Hopa

Community Information

Address 2740 Sw 23rd Street
Area 2410
Subdivision AMND MIAMI SUBURBAN ACRES
City Miami
County Miami-Dade
State FL
Zip Code 33145

Amenities

Utilities Cable Available
Is Waterfront No
Has Pool No

Interior

Heating Central, Window/Wall, Separate Meters
Cooling Central Air, Wall/Window Unit(s)
# of Stories 2

Exterior

Roof Barrel
Construction Block

School Information

Elementary Silver Bluff
Middle Ponce De Leon
High Coral Gables

Additional Information

Date Closed April 17th, 2026
Date Listed December 1st, 2025
Days on Market 283
Zoning 5700
Foreclosure No
Short Sale No
RE / Bank Owned No
Parcel ID 0141160095570

Listing Details

OfficeCompass Florida, LLC

Listing Map

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