Ad #7983129
MLS #A12002456
INCOME-PRODUCING DUPLEX WITH TRIPLEX POTENTIAL IN PRIME MIAMI
2637 NW 23rd Ct, Miami, FL 33142
$689,000
2Beds
--Baths
2,003Sqft
--Acres
About this property
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.
Property Features
2 Beds
0 Baths
2,003 Sqft
Built in 1959
0.000 Acres
1 Story
Siding: Block
Shingle Roof
Wall Furnace
$9,426 / yr property tax
Miami-Dade County
WESTHAVEN Community
Additional Photos
Contact Information
Chabelli Gugliatto
LoKation Real Estate
305-793-5833
Location
Listing Agent: Chabelli Gugliatto (License #: 3478950) 305-793-5833
Broker: LoKation Real Estate 954-545-5583 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: LoKation Real Estate 954-545-5583 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$689,000
2
Beds
--
Baths
2,003
Sqft
2637 NW 23rd Ct, Miami, FL 33142
By contacting this agent you agree to these Terms and Conditions.
MLS# A12002456
INCOME-PRODUCING DUPLEX WITH TRIPLEX POTENTIAL IN PRIME MIAMI
$689,000
2637 NW 23rd Ct, Miami, FL 33142
2
Beds
--
Baths
2,003
Sqft
--
Acres
$689,000
2637 NW 23rd Ct, Miami, FL 33142
2 Beds
-- Baths
2,003 Sqft
-- Acres
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.
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Property Details
HOME DETAILS
2 Beds
0 Baths
2,003 Sqft
Built in 1959
0.000 Acres
1 Story
EXTERIOR
Siding: Block
Shingle Roof
INTERIOR
Wall Furnace
FINANCIAL & COMMUNITY
$9,426 / yr property tax
Miami-Dade County
WESTHAVEN Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7983129
Viewed
22 times
Listing Status
Pending
Added
Jun 27, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Miami REALTORS®
Source Property ID
A12002456
Listing Agent: Chabelli Gugliatto (License #: 3478950) 305-793-5833
Broker: LoKation Real Estate 954-545-5583 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: LoKation Real Estate 954-545-5583 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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