2740 SW 23rd St

$1,449,000
Price
Beds
Baths
4,761 Sq. Ft.
$304 / Sq. Ft.
4,761
Sq. Ft.
$304
per Sq. Ft.

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...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.

Property Details for 2740 Southwest 23rd Street

Subdivision
AMND MIAMI SUBURBAN ACRES
Style
Duplex
Waterfront
No
Area
41
Num Stories
2
Sq Ft Total
5696
Sq Ft Liv Area
4761.0
AdjustedAreaSF
4647.0
LISTING UPDATED: 12/01/2025 04:00 PM

Property Details for 2740 Southwest 23rd Street

StatusActive
MLS #A11920863
Days on Market17
Taxes$21,681 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Duplex
Year Built1988
Lot Size-
CountyMiami-Dade County

Location

Listing Courtesy of: .

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Building Information for 2740 Southwest 23rd Street

Stories-Residences-Year Built1988Building Size-Lot Size-

Payment Calculator

$8,967 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,160

Property Taxes

$1,807

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2740 Southwest 23rd Street

Location Information
Location Information
  • Parcel Number Free Text: 01-41-16-009-5570
  • Parcel Number MLX: 5570
  • MLS Area: 41
  • Municipal Code: 1
  • Township Range: 41
  • Section: 16
  • Subdivision Number: 9
  • Subdivision Complex Bldg: AMND MIAMI SUBURBAN ACRES
  • Unit Count: 0
  • Zoning Information: 5700
General Information
Parking
  • Num Parking Spaces: 6
General Information
  • Property Type Information: Attached
  • Lot Description: Less Than 1/4 Acre Lot
Additional Property Information
Utilities
  • Heating Description: Central Heat, Window/Wall
  • Cooling Description: Central Cooling, Wall/Window Unit Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Electric, Water
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2024
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: None

Property History for 2740 Southwest 23rd Street

DateEvent & SourcePriceAppreciation
Dec 1, 2025

Listed (Active)

MiamiRE #A11920863

$1,449,000
Jul 24, 2025

Expired

MiamiRE #A11732747

Jan 22, 2025

Listed (Active)

MiamiRE #A11732747

$1,499,000
DateEvent & SourcePrice
12/01/2025

Listed (Active)

MiamiRE #A11920863

$1,449,000
07/24/2025

Expired

MiamiRE #A11732747

01/22/2025

Listed (Active)

MiamiRE #A11732747

$1,499,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2740 Southwest 23rd Street

Taxable ValueLand$524,800Additions$401,838Total$926,638
Tax Record2024$19,324 ($1,610 / month)
Home Facts
Total Finished SqFt4,608 SqFtAbove Grade Finished SqFt4,608 SqFtStories2Lot Size7,500 SqFtStyleDuplexYear Built1988Year Renovated1992Zoning5700:DUPLEXESCountyMIAMI-DADEAPN01-4116-009-5570

Schools near 2740 Southwest 23rd Street

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Silver Bluff Elementary School
PublicPK to 5

Ponce De Leon Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2740 Southwest 23rd Street is a multi-family home for sale in Miami, FL 33145. This property was listed for sale on December 1, 2025 by Compass, it's currently listed at $1,449,000. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Silver Bluff Elementary School, Air Base K-8 Center for International Education and Ponce De Leon Middle School. 2740 Southwest 23rd Street is a 0-bed, 0-bath, 4,761 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.