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955 W 23rd St, Hialeah, FL 33010

Hialeah
Local realty services provided by:CENTURY 21 Circle
955 W 23rd St,Hialeah, FL 33010
$1,250,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,544 sq. ft.
  • Multi-family
  • Pending
Listed by: mauricio villasuso, marcel perez
Office: fausto commercial realty consultants inc786-748-7373
MLS#:A11993310
Source:SEFMLS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$352.71

About this home

This 1969 four-plex is situated on a prime corner lot, offering a high-yield, turnkey acquisition for investors targeting one of Miami’s most resilient rental sub-markets. The building consists of four spacious 2-bedroom, 1-bathroom units, featuring a private and functional layout of two units per floor. The asset has been significantly de-risked with major capital improvements, including a new roof (2025), a completed 40-year recertification, and on-site laundry facilities. Each unit is equipped with individual mini-split AC systems, allowing for decentralized maintenance and efficient utility management. The property presents a compelling value-add opportunity, as current rents sit significantly below the local market average. With a current monthly gross of $5,500 and a conservative pro forma potential of $8,400/mo, an investor can realize an immediate increase in NOI through lease renewals and minor cosmetic updates. The building's CBS construction and placement on a 5,300 SF...

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Home facts

  • Year built:1969
  • Subdivision & Development:HIA HOMESITES 1ST ADDN
  • Listing ID #:A11993310
  • Updated:August 02, 2026 at 08:37 AM

Rooms and interior

  • Flooring:Terrazzo
  • Living area:3,544 sq. ft.

Heating and cooling

  • Cooling:Electric, Wall/Window Units
  • Heating:Electric, Heat Pump

Structure and exterior

  • Roof:Concrete
  • Year built:1969
  • Building area:3,544 sq. ft.
  • Lot Features:Corner Lot
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Exterior Features:Fence, Storm Security Shutters
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$352.71
  • Tax amount:$11,990 (2025)

Features and amenities

  • Amenities:Lighting

Parking

  • Total parking spaces:4
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. SEFMLS Member Broker: David Cates

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