Great Investor/Developer opportunity. Well-maintained duplex on a 14,000 SF lot, located just blocks to shopping & dining on Miracle Mile in Coral Gables and close to the bayfront community of Coconut Grove. Current structure offers 2 rentable units (one is a 2BR/2BA and the other a 2BR/1BA). Both units are currently tenant occupied at below market rental values. Potential for rental income or for future development of multi-family structure. The lot is zoned T6-8-O (able to build a max of 48 units). Just a few minutes drive to MIA, downtown, Key Biscayne & the Beaches.
Sold for $1,850,000 on 03/14/24
$1,850,000
3690 SW 23rd Ter, Miami, FL 33145
4beds
3baths
2,068sqft
Duplex
Built in 1950
-- sqft lot
$1,955,200 Zestimate®
$895/sqft
$3,496 Estimated rent
Home value
$1,955,200
$1.70M - $2.27M
$3,496/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 15, 2024 at 11:13am
Listed by:
Ana Cuan 305-213-6255,
Compass Florida, LLC,
Riley Smith 305-342-1623,
Compass Florida, LLC
Bought with:
Ana Cuan, 0617315
Compass Florida, LLC
Riley Smith, 3028618
Compass Florida, LLC
Source: MIAMI,MLS#: A11360739
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Tile, Wood
Interior area
- Total structure area: 2,580
- Total interior livable area: 2,068 sqft
Property
Parking
- Total spaces: 2
Features
- Stories: 1
- Fencing: Fenced
Lot
- Size: 0.32 Acres
- Dimensions: 140 x 100.
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 0141160093150
- Zoning: 6100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- CBS Construction
- Roof: Shingle
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & neighborhood
Location
- Region: Miami
- Subdivision: Amd Plat Of Miami Sub Ac
Other
Other facts
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2024 | Listing removed | $2,500,000+35.1%$1,209/sqft |
Source:  MIAMI #A11360760 | ||
| 3/14/2024 | Sold | $1,850,000-26%$895/sqft |
Source: MIAMI #A11360739 | ||
| 10/17/2023 | Contingent | $2,500,000$1,209/sqft |
Source: MIAMI #A11360760 | ||
| 5/25/2023 | Price change | $2,500,000-16.7%$1,209/sqft |
Source: MIAMI #A11360760 | ||
| 5/1/2023 | Pending sale | $3,000,000$1,451/sqft |
Source: MIAMI #A11360739 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $17,250 +5.5% | $598,420 +10% |
| 2023 | $16,357 +4.7% | $544,019 +10% |
| 2022 | $15,624 +6.7% | $494,563 +10% |
Find assessor info on the county website
Neighborhood: Coral Way
Nearby schools
GreatSchools rating
- 3/10Frances S. Tucker Elementary SchoolGrades: PK-8Distance: 1.4 mi
- 5/10Coral Gables Senior High SchoolGrades: 9-12Distance: 1 mi
- 6/10Ponce De Leon Middle SchoolGrades: 6-8Distance: 2.4 mi
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Estimated market value
$1,955,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,955,200