$769,000

2501 NW 23RD AVE, MIAMI, FL 33142

0 baths2,506 sq ft2 to 4 unitsBuilt 1925
Updated today, November 3, 2026

This home against Melrose

$307 per sq ft, 13% under the Melrose median
49 days on the market
Price cut $30,000 since it was listed at $799,000
$6,700 in property taxes (2025)

Melrose today: 33 homes for sale, median list price $750,000.

About this home

INCOME PRODUCING MIAMI DUPLEX. CAP RATE 6.98Excellent opportunity for investors or buyers looking for immediate rental income.This spacious 2,506 SF duplex features two currently rented units generating $5500/month in total rental income. The front unit offers 3 bedrooms and 2 bathrooms and rents for $3000/month. it was remodeled approximately five years ago, including a/c and flat roof. Kitchen and bathrooms plumbing were updated approximately two years ago, the PVC line from the sidewalk to the front unit was replaced, and the unit features an impact front door.The near unit offers 2 bedrooms and 1 bathroom and rents for $2500 month.It was remodeled 2 years ago, and the shingle roof is approximately 15 years. Both uits are currently renting, providing income from day one.

Zoned schools

Elementary: Maya Angelou Elementary School
Middle: Brownsville Middle School
High: Miami Jackson Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Melrose Park, 0.4 mi
Grocery: Ricky's Meats & Deli, 0.4 mi

Distances from the center of Melrose, MIAMI.

Listing courtesy of Keller Williams Realty International Lifestyles. MLS# A12091273.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed September 15, 2026.

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