955 W 23rd St

Hialeah, FL 33010

$1,250,000
Price
—
Beds
—
Baths
3,544 Sq. Ft.
$353 / Sq. Ft.
3,544
Sq. Ft.
$353
per Sq. Ft.
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Pending
Pending

Description

This 1969 four-plex is situated on a prime corner lot, offering a high-yield, turnkey acquisition for investors targeting one of Miami’s most resilient rental sub-markets. The building consists of four spacious 2-bedroom, 1-bathroom units, featuring a private and functional layout of two units per floor. The asset has been significantly de-risked with major capital improvements, including a new roof (2025), a completed 40-year recertification, and on-site laundry facilities. Each unit is equipped...This 1969 four-plex is situated on a prime corner lot, offering a high-yield, turnkey acquisition for investors targeting one of Miami’s most resilient rental sub-markets. The building consists of four spacious 2-bedroom, 1-bathroom units, featuring a private and functional layout of two units per floor. The asset has been significantly de-risked with major capital improvements, including a new roof (2025), a completed 40-year recertification, and on-site laundry facilities. Each unit is equipped with individual mini-split AC systems, allowing for decentralized maintenance and efficient utility management. The property presents a compelling value-add opportunity, as current rents sit significantly below the local market average. With a current monthly gross of $5,500 and a conservative pro forma potential of $8,400/mo, an investor can realize an immediate increase in NOI through lease renewals and minor cosmetic updates. The building's CBS construction and placement on a 5,300 SF lot—zoned R-3-5 (High-Density)—provides both immediate cash flow and long-term land value appreciation. Strategically located just minutes from Miami International Airport, the Okeechobee Metro-rail Station, and Palm Avenue corridor, this property caters to a stable workforce and a growing population of young professionals. This is an ideal asset for a portfolio growth play in a neighborhood where vacancy remains at historic lows.
  1. Listed by Mauricio Villasuso • Fausto Commercial Realty Consultants Inc
    P: (786)-748-7373 C: (305)-340-8901 mv@faustocommercial.com
  2. Listed by Marcel Perez • Fausto Commercial Realty Consultants Inc
    P: (786)-748-7373 C: (786)-853-5611 marcel@faustocommercial.com

Property Details for 955 West 23rd Street

Subdivision
HIA HOMESITES 1ST ADDN
Complex Name
HIA HOMESITES 1ST ADDN
Style
Fourplex
Waterfront
No
Area
32
Auction
No
Total Units
4
Num Stories
2
LISTING UPDATED: 06/16/2026 03:23 PM

Property Details for 955 West 23rd Street

StatusPending
MLS #A11993310
Days on Market80
Taxes$11,990 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1969
Lot Size0.12 AC / 5,300 SF
CountyMiami-Dade County
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Location

Listing Courtesy of Fausto Commercial Realty Consultants Inc
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Building Information for 955 West 23rd Street

Stories-Residences4Year Built1969Building Size-Lot Size0.12 AC / 5,300 SF

Payment Calculator

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$7,228 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,229

Property Taxes

$999

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 955 West 23rd Street

Location Information
Schools
  • Elementary School: James H. Bright / J.W. Johnson
  • Middle School: Henry H. Filer
  • Senior High School: Westland Hialeah
Location Information
  • Parcel Number Free Text: 04-30-12-019-0292
  • FolioNum2ndParcel: 0430120190292
  • Parcel Number MLX: 0292
  • MLS Area: 32
  • Municipal Code: 4
  • Township Range: 30
  • Section: 12
  • Subdivision Number: 19
  • Subdivision Complex Bldg: HIA HOMESITES 1ST ADDN
  • Unit Count: 4
  • Zoning Information: 4600
General Information
Parking
  • Num Parking Spaces: 4
General Information
  • Style of Property: Quadruplex
  • Property Type Information: Detached
  • Type of Building: Multi Family
  • Prop Type-Type of Building: Quadruplex
  • County Land Code: 08
  • Balcony Porch/Patio: No
  • Approximate Lot Size: 5300
  • Num Floors: 2
  • Lot Description: Less Than 1/4 Acre Lot, Corner Lot
  • Electric Service: True
  • Spa: No
  • Pool: No
  • Design: Multi Family
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Roof: Concrete
  • Roof Description: Concrete Roof
  • Column Description: CBS
  • Flooring: Terrazzo Floors
  • Floor Description: Terrazzo Floors
  • Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11993310
Additional Property Information
Utilities
  • On Site Utilities: Cable Not Available
  • Heating Description: Electric Heat, Reverse Cycle Unit
  • Cooling Description: Electric Cooling, Wall/Window Unit Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: No
Additional Property Information
  • Guest Accommodations: No
  • Furnished: Unfurnished
  • Equipment Appliances: Outside, Separate Meters, Electric, Heat Pump
  • Rent Includes: Lawn Care, Pest Control, Sewer, Trash Removal, Water
  • Windows Treatment: Lighting
  • Exterior Features: Exterior Lights, Fence, Hurricane Shutters, Laundry Facility
  • Subdivision Information: Cable Not Available
  • Amenities: Lighting
  • Storm Protection: Complete Accordian Shutters
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: AH
  • Tax Year: 2025
  • Tax Information: Tax Reflects City & County Tax
  • Special Information: Documents Available
  • Information Available: Accounting Statements, Copy Of Lease(S), Rent Rolls, Existing Survey
Rental Information
Furnished / Unfurnished
  • Additional Furnished Info: Unfurnished
Agent / Office Information
Listing Information
  • Transaction Type: Residential Income

Property History for 955 West 23rd Street

DateEvent & SourcePriceAppreciation
Jun 16, 2026

Pending

MiamiRE #A11993310

—
Jun 12, 2026

Backup Contract

MiamiRE #A11993310

—
Mar 24, 2026

Listed (Active)

Beaches MLS #A11993310

$1,250,000—
DateEvent & SourcePrice
06/16/2026

Pending

MiamiRE #A11993310

—
06/12/2026

Backup Contract

MiamiRE #A11993310

—
03/24/2026

Listed (Active)

Beaches MLS #A11993310

$1,250,000

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

Public Records for 955 West 23rd Street

Taxable ValueLand$153,700Additions$516,100Total$669,800
Tax Record2025$12,490 ($1,041 / month)
Home Facts
Total Finished SqFt3,544 SqFtAbove Grade Finished SqFt3,544 SqFtStories2Lot Size5,300 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969Zoning4600:MULTI-FACountyMIAMI-DADEAPN04-3012-019-0292

Schools near 955 West 23rd Street

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
James H. Bright Elementary/J.W. Johnson Elementary School
Public - PK to 5
Air Base K-8 Center for International Education
Public - PK to 8
Henry H. Filer Middle School
Public - 6 to 8
Robert Morgan Voc-Tech Institute
Public - 9 to 12
Rating
School
Distance
James H. Bright Elementary/J.W. Johnson Elementary School
PublicPK to 5

Air Base K-8 Center for International Education
PublicPK to 8

Henry H. Filer 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fausto Commercial Realty Consultants Inc

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.