$720,000

2637 NW 23rd Ct, Miami, FL 33142

  • 2,003 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $359/sqft
  • Property List Date Icon Listed 14 days ago

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.

Listing Status:
Active
Date Added:
April 16, 2026
Data Last Updated:
April 30, 2026 at 7:06PM
Listing Office:
LoKation : 954-545-5583
Listing Agent:
Chabelli Gugliatto : 305-793-5833
MLS ID:
A12002456
  • Flooring: Tile
  • A/C: ElectricWall/Window Unit(s)
  • Heating: OtherWindow/Wall
  • Style: Other
  • Parking: Parking spaces: 6
  • Roofing: Shingle
  • General: CBS Construction1
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 3900WESTHAVEN PB 6-95 LOT 10 BLK 2 LOT SIZE 40.000 X 135 COC 26431-2604 06 2008 501-31-27-026-0311
  • Sewer: Public Sewer
  • Source: Miami Association of REALTORS®

This listing courtesy of Chabelli Gugliatto , LoKation

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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