$389,000

3621 NW 23RD AVE, MIAMI, FL 33142

5 beds4 baths3,015 sq ftHouseBuilt 1947
Updated today, November 3, 2026

This home against Melrose

$129 per sq ft, 63% under the Melrose median
41 days on the market
$8,362 in property taxes (2025)
5,663 sq ft lot
3 car garage

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

About this home

INVESTOR SPECIAL!!! Unlock the potential of this centrally located Miami property, offering an excellent opportunity for an investor looking to operate a short-term rental business or redevelop the site. Currently used as a short-term rental, the main home features 5 rentable rooms and is being offered fully furnished, providing a potential turnkey opportunity for the right buyer. The property also includes a separate 1-bedroom, 1-bath guest house, offering additional living space, rental potential, or flexibility for an owner-user. Situated on a 5,000+ SqFt. fenced lot- the property offers plenty of outdoor space with room to create an entertaining area and add a small pool. The location is a major plus—just minutes from Miami International Airport and within a short drive of some of Miami’s most sought-after destinations, including Brickell, Wynwood, and Downtown. Just a short 10 minutes walk to metrorail station and 2 minutes walk to nearby bus stop- ideally located for commuters. Zoned Residential with Medium Retail designation, offering flexibility for residential, business, or retail use, subject to applicable zoning regulations and approvals. Located in an area where businesses operate from residential properties, creating an attractive opportunity for investors, owner-users, or developers.The property currently has outstanding city violations- priced to sell and the owner is motivated! Bring your vision and explore the possibilities to own this amazing investment!

Zoned schools

Elementary: Kelsey L. Pharr 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 Modern World Realty. MLS# A12093013.

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

Listed September 23, 2026.

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