2637 23rd Court, Miami, FL 33142

$689,000 — Pending

Property Features

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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.

▼ Price Reduced — originally listed at $720,000

Property Details

  • Listing ID: A12002456
  • Status: Pending
  • Listing Date: 2026-04-16
  • Property Type: Duplex
  • Subdivision: WESTHAVEN
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 2,003
  • Year Built: 1959

Financial

  • List Price: $689,000
  • Original List Price: $720,000
  • HOA Fee: None
  • Taxes: $9,426/yr

Features & Amenities

  • Cooling: Electric, Wall/Window Unit(s)
  • Heating: Other, Window/Wall, Separate Meters
  • Flooring: Tile
  • Construction: CBS
  • Roof: Shingle

Courtesy of LoKation
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