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537 NW 23rd Place, Miami, FL 33125
Sold
21 Days on Market
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$680,000

Sold · June 22, 2026

537 NW 23rd Place

Miami, FL 33125

1ST ADDN TO RIVERSIDE FAR

Explore the area: Miami homes for sale · Miami Dade County real estate

What this home sold for

Sold price
$680,000
Vs. list price
12.8% under
Days on market
21
Price per sq ft
$227

This multi-family property in ZIP 33125 sold for $680,000 on June 22, 2026. That was 12.8% below its final list price of $780,000. It spent 21 days on the market. At $227 per square foot, it closed 31.4% below the $331 median of the 4 other multi-family property sales in the recent closings shown below.

0
Bedrooms
0
Bathrooms
3,002
Living Sq Ft
1925
Year Built

Listing Snapshot

Sold Price
$680,000
Sold On
June 22, 2026
Days on Site
21 Days
Bedrooms
0
Total Baths
0
Living Area
3,002 sqft
Total Sq Ft
3,224 sqft
Year Built
1925
Property Type
Multi-Family
MLS #
A12010679
Property Tax
$11,443 (2025)
Subdivision
1ST ADDN TO RIVERSIDE FAR
County
Miami Dade
Status
Sold

About This Property

This legal duplex sits on a 7,500 sq ft lot in the heart of Miami, just minutes from Wynwood, Brickell, Midtown, and Downtown. The area is well connected with easy access to major highways, public transit, dining, shopping, and entertainment. Zoned T3-O, this corridor continues to see strong demand from both renters and developers.The property offers two independent units, each with its own FPL and water meter. The main house is a two-story residence of approximately 2,300 sq ft. The back unit is a detached 2 bed / 1 bath of approximately 800 sq ft.Both units are month-to-month with long-term tenants paying well below market rents — giving the next owner immediate income and strong upside potential on turnover.Municipal Zoning: T3-O | PA Zone: 5700 — Duplexes General | Lot: 7,500 sq ft | Total Area: ±3,224 sq ft | Separate FPL Meters: 2 | Separate Water Meters: 2 | Current Gross Income: $5,150/mo | $61,800/yrPlease do not disturb tenants.

General Features

Property Type
Multi-Family
Status
Sold
Year Built
1925
Number of Stories
2
Living Sq Ft
3,002
Total Sq Ft
3,224
Structure Type
Duplex
Sewer
Public Sewer
Zoning
5700

Interior Features

Cooling
Central Air / Wall Window Units
Heating
Other / Separate Meters
Flooring
Tile

Exterior Features

Construction
Block
Roof
Flat

Community & HOA

Utilities
Cable Available
Financing Terms
Cash
MLS Area
2410

Schools

Elementary School
Citrus Grove (Miami-Dade)
Middle School
Citrus Grove
High School
Miami

Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
12,142
Median List Price
$639,000
Median $/Sq Ft
$497
Avg Days on Market
138
View all 12,142 homes for sale in Miami →
How do I schedule a tour of 537 NW 23rd Place, Miami, FL 33125?
Use the Tour button on this listing to request a showing of 537 NW 23rd Place, Miami, FL 33125. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 537 NW 23rd Place, Miami, FL 33125 still available?
537 NW 23rd Place, Miami, FL 33125 is currently listed as Sold, and has been on the market 21 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 537 NW 23rd Place, Miami, FL 33125?
With 20% down ($156,000) on the $780,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 537 NW 23rd Place, Miami, FL 33125 is about $4,099/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 537 NW 23rd Place, Miami, FL 33125?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 537 NW 23rd Place, Miami, FL 33125. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 537 NW 23rd Place, Miami, FL 33125?
537 NW 23rd Place, Miami, FL 33125 is zoned for Citrus Grove (Miami-Dade) (elementary), Citrus Grove (middle), Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 537 NW 23rd Place, Miami, FL 33125?
Often, yes. The right offer on 537 NW 23rd Place, Miami, FL 33125 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of FL Prime LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.

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Listed by Tomas Furman, FL Prime LLC

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