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
| Office | Compass Florida, LLC |
|---|
