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- LoopNet Team
435 NE 23rd St
Miami, FL 33137
23 Palms · Multifamily Property For Sale
·
42 Units

Property Facts
| No. Units | 42 | Building Size | 35,853 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 1.45/1,000 SF |
| Lot Size | 0.52 AC | ||
| Zoning | 4606 | ||
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 35,853 SF |
| Average Occupancy | 95% |
| No. Stories | 6 |
| Year Built | 1972 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | 4606 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Pool
- Community-Wide WiFi
- Sundeck
- Smoke Detector
About 435 NE 23RD ST , MIAMI, FL 33137
Assumable Loan Available. Asking 255k a door in Prime Edgewater! MILPORT was originally constructed in 1972 and consists of 42 units on six different stories and is located in the highly desirable area of Edgewater. Only 12 of the 42 units have been remodeled with the remodeled units generating an average of 27% more than non-remodeled units. The property is currently situated on a 0.51-acre lot with 38,853 of rentable square feet. One exciting feature is the highly coveted T6-36 zoning allowing the opportunity for an investor to convert the property into a 36-story high-rise. The property has also been approved by the city for Short Term Rentals, allowing an investor to re-position the property and generate substantially more income.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 30 | - | - |
| 2+2 | 11 | - | - |
Property Taxes
| Parcel Number | 01-3230-030-0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,543,615 |
Property Taxes
Listing ID: 16971684
Date on Market: 8/20/2019
Last Updated:
Address: 435 NE 23rd St, Miami, FL 33137
The Edgewater Multifamily Property at 435 NE 23rd St, Miami, FL 33137 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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