2637 NW 23rd Ct, Miami, FL 33142
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2637 NW 23rd Ct, Miami, FL 33142
2637 NW 23rd Ct, Miami, FL 33142
2637 NW 23rd Ct, Miami, FL 33142
2637 NW 23rd Ct, Miami, FL 33142
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Alex Mendel

Alex Mendel

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$ 720,000
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2637 NW 23rd Ct Miami, FL 33142

2,003 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,003 sqft

Price per Sqft $359

Subdivision Westhaven

MLS Listing ID A12002456

HOA Y/N No

Year Built 1959

Annual Tax Amount $9,426

Tax Year 2025

Property Sub-Type Duplex

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.

Location

State FL

County Miami-dade

Community Westhaven

Area 31

Interior

Heating Other, Wall Furnace

Cooling Electric, Wall/Window Unit(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 01-31-27-026-0311

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12002456

Miami Association of Realtors (SEFMIAMI MLS)
Listed by LoKation

NEARBY SCHOOLS & PROPERTIES

Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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2637 NW 23rd Ct

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