$850,000
SOLD MAR 30, 2025

412 NW 23rd Ct Miami, FL 33125

West Flagler Neighborhood
-- Bed
-- Bath
2,621 Sq Ft
1924 Built

Recently Sold

$324 Per Sq Ft

4% Below List Price

143 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

About This Home

As of March 2025

Huge reduccion to sell!
Over 7% return witj a potencial over 8,5%
Fully rented legal triplex in the rapidly growing Little Havana area. The property is in great condition all with separated meters and rented to three families.
The rent is at below-market rates, offering income growth potential.
Plus a 4 studio unit can be added for extra revenue $1500

Situated on a large lot 8000 sqft lot, all three separated units with separate electric meters were upgraded in 2022
It passed its 40-year certification last year, ensuring local regulation compliance.

This is a rare investment opportunity in an area with strong rental demand. Please drive by, but do not disturb tenants. No interior showings without a signed contract.

Last Agent to Sell the Property

Margarita Elordi

Core International Realty License #0701472

Last Buyer's Agent

Margarita Elordi

Core International Realty License #0701472

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,388

Year Built

  • Built in 1924

Parking

  • 12 Parking Spaces

Home Design

  • Triplex
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 2,621 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $94,800
  • Assessor Parcel Number 01-41-03-031-0190

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Harwood 2Nd Addn To River Condos
  • Harwood 2Nd Addn To River Subdivision

Building Details

  • Operating Expense $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,388

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: HARWOOD 2ND ADDN TO RIVER
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2621
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Frame With Stucco
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HARWOOD 2ND ADDN TO RIVER
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-03-031-0190
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11388

Multi Family

  • Number Of Units In Community: 3
  • Annual Operating Expense: 12000
  • Total Actual Rent: 94800

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2025 03/30/25 Sold $850,000 -4.2% $324 / Sq Ft
01/20/2025 01/20/25 For Sale $887,000 0.0% $338 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
10/30/2024 10/30/24 Price Changed $887,000 -3.4% $338 / Sq Ft
10/27/2024 10/27/24 For Sale $918,000 +8.0% $350 / Sq Ft
10/22/2024 10/22/24 Off Market $850,000 -- --
10/04/2024 10/04/24 Price Changed $918,000 -2.1% $350 / Sq Ft
10/03/2024 10/03/24 For Sale $938,000 +10.4% $358 / Sq Ft
09/24/2024 09/24/24 Off Market $850,000 -- --
09/24/2024 09/24/24 For Sale $888,000 +4.5% $339 / Sq Ft
08/19/2024 08/19/24 Off Market $850,000 -- --
08/19/2024 08/19/24 For Sale $888,000 +85.0% $339 / Sq Ft
10/07/2021 10/07/21 Sold $480,000 -3.8% $224 / Sq Ft
08/04/2021 08/04/21 For Sale $499,000 -- $233 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11644062

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33125 West Flagler

412 NW 23rd Ct, Miami, FL

Homes for Sale in Miami, FL

This home is located at 412 NW 23rd Ct, Miami, FL 33125 and is currently priced at $850,000, approximately $324 per square foot. This property was built in 1924. 412 NW 23rd Ct is a home located in Miami-Dade County with nearby schools including Citrus Grove Elementary School, Citrus Grove Middle School, and Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.