2640 NW 23rd Ct, Miami FL 33142
About this home
Investor special. Rare twin-home duplex opportunity featuring two separate folios. Each unit offers 2 bedrooms, 1 bathroom, and approximately 728 SF. Property sits on an approx. 5,400 SF combined lot with T4 Multi-Family zoning, offering strong redevelopment potential. Built in 1955 with a functional roof; interiors require renovation, making this an ideal value-add opportunity for investors, developers, or end users. Excellent options for renovation and resale, long-term rental income, or future development. Centrally located near Wynwood, Downtown Miami, and the Health District with easy access to major highways, shopping, dining, and employment centers. Great opportunity in one of Miami’s rapidly growing redevelopment corridors.
Features
- First Floor Entry
- No Additional Rooms
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,034
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.