$1,250,000

2610 NW 23rd Ave, Miami FL 33142

272 days on market

Living area
5,327 sqft
Price per sqft
$235
Type
Quadruplex
Year built
1926
Taxes
$12,993/yr
MLS #
A11956823

About this home

Attention investors and developers! Rare opportunity to acquire two contiguous lots totaling 11,040 square feet in the heart of Allapattah, one of Miami's fastest-growing neighborhoods—portfolio sale includes adjacent land parcel A11959678 (separate folio) Zoned T4-R and strategically positioned on the NW 27th Avenue corridor, immediately west of the vibrant Wynwood Arts District. The property features an income-producing 5-unit multifamily building with four 1-bedroom/1-bath units plus one spacious 4-bedroom/3-bath unit, all with individual utility meters for water, electricity, and gas to maximize cash flow efficiency. Located in a high-traffic commercial corridor with exceptional growth potential and superior connectivity—just minutes from Wynwood, the Health District, Downtown Miami, and major employment centers, with quick access to SR-836, I-95, and the Airport Expressway. Prime redevelopment opportunity: hold and collect income or capitalize on T4-R zoning for value-add development while the included adjacent lot provides immediate expansion possibilities. Outstanding investment in one of Miami's most rapidly appreciating submarkets.

Estimated subtotal

$1,083/mo

Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
Not included
Property taxMLS 2025 annual tax, shown monthly
$1,083
HOANot in the MLS record
Not included

The current market rate is not available right now. Enter the rate your lender quoted.

Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.

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The neighborhood

Miami, 33142

What to check here

Compare association costs, flood exposure and financing across distinct condo submarkets.

Listing courtesy of Julies Realty, LLC

Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.

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