525 NW 23rd Ct Miami, FL 33125
West Flagler Neighborhood
--
Bed
--
Bath
1,560
Sq Ft
5,619
Sq Ft Lot
Highlights
- No HOA
- Ceramic Tile Flooring
- Central Heating and Cooling System
- Cooling System Mounted To A Wall/Window
About This Home
As of March 2025Investor/Builder Opportunity! Expandable 2-story duplex near Downtown, Brickell, Coconut Grove, and Coral Gables. Easy access to 836 expressway and Miami Int. Airport. This well-maintained building comprises 2x 2-bed/1-bath units, both leased month-to-month. Recent improvements include a new roof, water heaters, and electrical panels. The property sits on a 5,600 SF lot with a spacious backyard suitable for development, making it a potential opportunity for investors or builders. The building has central A/C on the lower level and window units on the upper level, features a shared laundry room, and includes four parking spots. It has a single water meter and separate electrical meters. The property is located in Flood Zone X, indicating a low risk for flooding. Seize this rare opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,604
Year Built
- Built in 1947
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Shingle Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1,560 Sq Ft Home
- 2-Story Property
- Ceramic Tile Flooring
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
- Harwood 2Nd Addn To River Condos
- Harwood 2Nd Addn To River Subdivision
Listing and Financial Details
- Rent includes sewer, trash collection, water
- Assessor Parcel Number 01-41-03-031-0310
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2025 03/13/25 | Sold | $655,000 | -1.5% | $420 / Sq Ft |
| 03/11/2025 03/11/25 | Pending | -- | -- | -- |
| 02/11/2025 02/11/25 | Price Changed | $665,000 | -4.6% | $426 / Sq Ft |
| 10/02/2024 10/02/24 | Price Changed | $697,000 | -8.9% | $447 / Sq Ft |
| 07/09/2024 07/09/24 | For Sale | $765,000 | +125.0% | $490 / Sq Ft |
| 02/18/2019 02/18/19 | Sold | $340,000 | -5.3% | $218 / Sq Ft |
| 01/24/2019 01/24/19 | Pending | -- | -- | -- |
| 11/09/2018 11/09/18 | For Sale | $359,000 | +84.1% | $230 / Sq Ft |
| 04/21/2014 04/21/14 | Sold | $195,000 | +105.3% | $139 / Sq Ft |
| 06/12/2013 06/12/13 | For Sale | $95,000 | -- | $68 / Sq Ft |
| 03/11/2013 03/11/13 | Pending | -- | -- | -- |
Source: MIAMI REALTORS® MLS
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 | $7,604 | $327,531 | -- | -- |
| 2023 | $7,604 | $297,756 | $0 | $0 |
| 2022 | $6,605 | $270,246 | $0 | $0 |
| 2021 | $5,980 | $245,679 | $145,600 | $100,079 |
| 2020 | $5,754 | $234,479 | $134,400 | $100,079 |
| 2019 | $5,072 | $217,679 | $117,600 | $100,079 |
| 2018 | $4,734 | $217,679 | $117,600 | $100,079 |
| 2017 | $4,233 | $160,425 | $0 | $0 |
| 2016 | $3,943 | $145,841 | $0 | $0 |
| 2015 | $3,781 | $135,881 | $0 | $0 |
| 2014 | $3,390 | $115,948 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $255,000 | New Conventional | |
| Previous Owner | $105,000 | Unknown | |
| Previous Owner | $100,000 | Stand Alone First | |
| Previous Owner | $272,000 | Negative Amortization | |
| Previous Owner | $23,000 | Credit Line Revolving | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $655,000 | B & A Title | |
| Warranty Deed | $655,000 | B & A Title | |
| Warranty Deed | $340,000 | Attorney | |
| Warranty Deed | $195,000 | Attorney | |
| Warranty Deed | $340,000 | Title Search Inc |
Source: Public Records
Similar Homes in the area
Source: MIAMI REALTORS® MLS
MLS Number: A11618466
APN: 01-4103-031-0310
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