590 SW 23rd Avenue, Miami, FL 33135

$2,300,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12035087

Property Type: Residential Income Square Footage: 4,394 Status: Active

Current Price: $2,300,000 List Date: 6/03/2026 Last Modified: 6/12/2026

Overview

Description

Rare opportunity to acquire a fully renovated four-unit multifamily property on a prime corner lot in the heart of Little Havana. This turnkey, income-producing asset showcases beautifully updated kitchens and bathrooms, modern finishes, stylish flooring, and spacious, light-filled interiors throughout. The prominent corner location enhances curb appeal, offers added outdoor space, and provides convenient access for tenants. Ideally situated just minutes from Downtown Miami, major highways, shopping, dining, and vibrant cultural attractions, the property benefits from strong rental demand and outstanding long-term appreciation potential. Perfect for investors or owner-occupants seeking a move-in-ready multifamily opportunity in one of Miami’s most dynamic and sought-after neighborhoods.

Listing Details MLS# A12035087

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 4394
Living Area Main: 4136
Adjusted Area Main: 3790
Year Built: 1929
Parking Total: 4
Lot Size Dimensions: 7,932 sq ft
Outdoor Living Spaces YN: Yes
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: Copy Of Lease(s); Rent Rolls Fencing: Fenced Structure Type: Multi Family Construction Materials: Block Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Showing Service Outdoor Living Spaces: Patio Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 3 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Parking Features: Parking Space Unit 4 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 2300000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 590
Street Direction Prefix: SW
Street Name: 23rd
Street Suffix: Avenue
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33135
Postal Code +4: 3118
Postal Zip: 33135
Subdivision Name: FAIRMONT PARK
Area: 2410
Elementary School: Shenandoah
Middle Or Junior School: Shenandoah
High School: Miami
Parcel Number: 0141030430740
Subdivision Number: 43
Zoning: 0100
Flood Zone: X
Multiple Offers Accepted: No

Financial Information

Tax Annual Amount: 14803
Tax Year: 2025
Tax Legal Description: FAIRMONT PARK PB 10-15 E15FT LOT 11 & LOT 12 BLK 6 LOT SIZE 75.540 X 105 OR 20084-0710 12 2001 1 COC 25766-3953 06 2007 1

Status Change Information

Major Change Timestamp: 2026-06-03T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-06-11

More Information

Income and Expenses

Gross Income: 135000
Net Operating Income: 109000
Total Expenses: 26000

Unit 1 Details

Actual Rent: 11250
Baths Full: Yes
Efficiency YN: No

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 11250
Baths Full: 2
Efficiency YN: No

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 11250
Baths Full: Yes
Efficiency YN: Yes

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 4 Details

Actual Rent: 11250
Baths Full: Yes
Efficiency YN: Yes

Unit 4 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 556.09

Section Details

Parcel Number MLX: 0740

Originating Details

Originating System Key: 510854259
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Documents Available

Copy Of Lease(s): Yes
Rent Rolls: Yes

Fencing

Fenced: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

Block: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Shingle: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Showing Service: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Patio: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 3 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 4 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 4 Parking Features

Parking Space: Yes

Listing Office: One Stop Realty

Last Updated: June - 12 - 2026

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590 SW 23rd Avenue, Miami, FL 33135 (MLS# A12035087)