2740 SW 23rd St Miami, FL 33145
Coral Way NeighborhoodEstimated payment $9,179/month
Highlights
- No HOA
- Cooling Available
- No Heating
- Coral Gables Senior High School Rated A-
- Ceramic Tile Flooring
About This Home
Incredible Investment Opportunity. Located in the heart of Miami, between the coveted **Coral Gables** and **Coconut Grove** neighborhoods, this property sits on a spacious 7,500 sqf lot, offering great potential for future development or expansion. With an impressive $10,850 in monthly gross rental income, this property is a cash-flowing asset with tremendous earning potential. Just 1 minute walking to Publix and surrounded by schools, restaurants, and hospitals, it’s perfectly positioned for tenants. This is a fantastic opportunity for investors or those seeking to live in one unit and rent the other in a thriving area with strong demand and consistent growth. A prime property in one of Miami’s most desirable locations!
For more information call the agent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,937
Year Built
- Built in 1988
Parking
- 10 Parking Spaces
Home Design
- Duplex
- Concrete Block And Stucco Construction
Interior Spaces
- 4,761 Sq Ft Home
- 2-Story Property
- Ceramic Tile Flooring
Utilities
- Cooling Available
- No Heating
Community Details
- No Home Owners Association
- 4 Units
- Amnd Miami Suburban Acres Condos
- Amnd Miami Suburban Acres Subdivision
Listing and Financial Details
- Rent includes electricity, water
- Assessor Parcel Number 01-41-16-009-5570
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $14,802 | $765,756 | -- | -- |
| 2023 | $14,802 | $743,453 | $0 | $0 |
| 2022 | $11,232 | $568,413 | $0 | $0 |
| 2021 | $11,218 | $551,858 | $0 | $0 |
| 2020 | $11,085 | $544,239 | $0 | $0 |
| 2019 | $10,848 | $532,003 | $0 | $0 |
| 2018 | $10,436 | $522,084 | $0 | $0 |
| 2017 | $10,328 | $511,346 | $0 | $0 |
| 2016 | $10,403 | $500,829 | $0 | $0 |
| 2015 | $10,517 | $497,348 | $0 | $0 |
| 2014 | $10,635 | $493,401 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/22/2025 01/22/25 | For Sale | $1,499,000 | -- | $315 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $640,000 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $753,143 | New Conventional | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $617,000 | New Conventional | |
| Closed | $512,000 | New Conventional | |
| Previous Owner | $9,900 | Credit Line Revolving |
Source: MIAMI REALTORS® MLS
MLS Number: A11732747
APN: 01-4115-008-2450
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