2637 Nw 23rd Ct, Miami, FL 33142

$689,000
: 2,003
SqFt

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List Price: $689,000
Price Change: ▼ $31,000 1779220150
MLS#: A12002456
Sq. Ft: 2,003
Subtype: Duplex
County: Miami-Dade
Community: Westhaven
Subdivision: Westhaven
Year Built: 1959

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Property Description

INCOME-PRODUCING DUPLEX WITH TRIPLEX POTENTIAL IN PRIME MIAMI LOCATION (T4-R ZONING) Excellent opportunity to own a cash-flowing duplex in the heart of Miami’s rapidly growing Allapattah area. The property features two 1 bedroom, 1 bathroom + den units, with the den easily convertible into a second bedroom, maximizing both usability and rental potential. Both units are currently occupied, generating $3,400/month in rental income. Current rents are $1,700 per unit, below market value, offering immediate upside through rental increases. The property has undergone extensive recent improvements, including full exterior stucco and paint, roof improvements in 2025, a leveled backyard with new landscaping and turf, and a new chain link fence. Interior updates include fresh paint, a new refrigerator, updated bathroom vanity and toilet, and a new split A/C unit. A standout feature is the detached CBS structure with electrical already in place, providing a near turnkey opportunity to convert into a fully separate third unit. Architectural plans are available, giving the next owner a clear path to expansion without starting from scratch. Zoned T4-R, allowing up to 4 units, with parking up to 6 vehicles. Centrally located just minutes from Wynwood, the Design District, Brickell, and MIA Airport. In-place income, below-market rents ready to be increased, and a near-complete third unit position this property for a significant increase in cash flow and overall return.

305-224-8085

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Additional Information

Status Label: PENDING
Total Unitsin Complex: 2
Construction: CBS Construction
Cooling: Electric, Wall/Window Unit(s)
Flooring: Tile
Heating: Other, Window/Wall
Lot Description: Less Than 1/4 Acre Lot
Roof: Shingle
Special Information: Substantially Remodeled
Taxes: $9,426
Total Floors: 1
Stories: 1
Roofing: Shingle
Price Per Sqft: $343