Sold for $1,250,000

$1,250,000

3601 SW 23rd Terrace, Miami, FL 33145

3beds

2baths

1,620sqft

Duplex, Multi Family, Multi Family

Built in 1937

-- sqft lot

$1,242,900 Zestimate^®

$772/sqft

$3,754 Estimated rent

Home value

$1,242,900

$1.09M - $1.42M

$3,754/mo

Zestimate^® history

Owner options

List your home for rent

$3,754/mo

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$3,754/mo

Rent Zestimate^®

Refinance and save

$8,763/mo

Est. payment

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$8,763/mo

Est. payment

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What's special

Fantastic Investment Opportunity! This property, situated on a corner lot, features a main house, a guest house, and a detached single-car garage. A dose of TLC is all that's needed to bring out its full potential. With a main house to live in, you can transform it according to your preferences and the guest house provides an opportunity for additional income. Located within walking distance of the famous Miracle Mile, you'll have easy access to a plethora of shopping, dining, and entertainment options right at your doorstep. Additionally, a short drive will take you to the charming neighborhoods of Coconut Grove, the bustling Brickell area, and the stunning beauty of Key Biscayne. Invest in this prime location and embrace the lifestyle that Miami has to offer.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Electric, Separate Meters

Cooling

Ceiling Fan(s), Wall/Window Unit(s)

Features

Flooring: Wood

Interior area

Total interior livable area: 1,620 sqft

Property

Lot

Features: < 1/4 Acre

Details

Parcel number: 0141160093050
Zoning: 5700
Special conditions: Listed As-Is

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family, Multi Family

Materials

Frame, Wood Siding
Roof: Composition,Shingle,Tar/Gravel

Condition

Resale
New construction: No
Year built: 1937

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Subdivision: Damarys Condo

HOA

Has HOA: No
Services included: Electricity, Hot Water, Maintenance Grounds, Sewer, Trash, Water

Location

Region: Miami

Financial & listing details

Price per square foot: $772/sqft
Tax assessed value: $448,207
Annual tax amount: $7,738
Date on market: 7/3/2023
Cumulative days on market: 22 days
Listing terms: Cash

Price history

Date	Event	Price
7/16/2026	Listing removed	$8,000$5/sqft
Source: MIAMI #A12042622 Report a problem
7/2/2026	Listed for rent	$8,000$5/sqft
Source: MIAMI Report a problem
6/8/2026	Sold	$1,250,000+92.3%$772/sqft
Source: Public Record Report a problem
9/29/2023	Sold	$650,000-5.1%$401/sqft
Source: BeachesMLS #F10385416 Report a problem
7/26/2023	Contingent	$685,000$423/sqft
Source: BeachesMLS #F10385416 Report a problem
7/18/2023	Listed for sale	$685,000$423/sqft
Source: BeachesMLS #F10385416 Report a problem
7/8/2023	Contingent	$685,000$423/sqft
Source: BeachesMLS #F10385416 Report a problem
7/3/2023	Listed for sale	$685,000$423/sqft
Source: BeachesMLS #F10385416 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,083 -38.7%	$399,236 -35.7%
2024	$13,196 +48.3%	$620,757 +96.7%
2023	$8,896 +15%	$315,636 +10%
2022	$7,738 +8.6%	$286,942 +10%
2021	$7,128 +6.9%	$260,857 +10%
2020	$6,668 +5.4%	$237,143 +10%
2019	$6,323 +8%	$215,585 +10%
2018	$5,853	$195,987 +10%
2017	$5,853 +10.8%	$178,170 +10%
2016	$5,285 +10.3%	$161,973 +10%
2015	$4,794 +15.2%	$147,249 +10%
2014	$4,160 +18.5%	$133,863 +10%
2013	$3,509	$121,694 +0%
2012	$3,509 -1.7%	$121,672 -1.6%
2011	$3,571 -58.2%	$123,597 -65.3%
2007	$8,548 +27.4%	$356,507
2006	$6,711	--
2005	$6,711 +15%	--
2004	$5,834 +64.2%	--
2002	$3,553	--
2001	$3,553	--