- MLS® #: A11993310
- 955 W 23rd St
- Hialeah, FL 33010-2041
- $1,250,000
- 3,544 SqFt
- Income
This 1969 four-plex is situated on a prime corner lot, offering a high-yield, turnkey acquisition for investors targeting one of Miami’s most resilient rental sub-markets. The building consists of four spacious 2-bedroom, 1-bathroom units, featuring a private and functional layout of two units per floor. The asset has been significantly de-risked with major capital improvements, including a new roof (2025), a completed 40-year recertification, and on-site laundry facilities. Each unit is equipped with individual mini-split AC systems, allowing for decentralized maintenance and efficient utility management. The property presents a compelling value-add opportunity, as current rents sit significantly below the local market average. With a current monthly gross of $5,500 and a conservative pro forma potential of $8,400/mo, an investor can realize an immediate increase in NOI through lease renewals and minor cosmetic updates. The building's CBS construction and placement on a 5,300 SF lot—zoned R-3-5 (High-Density)—provides both immediate cash flow and long-term land value appreciation. Strategically located just minutes from Miami International Airport, the Okeechobee Metro-rail Station, and Palm Avenue corridor, this property caters to a stable workforce and a growing population of young professionals. This is an ideal asset for a portfolio growth play in a neighborhood where vacancy remains at historic lows.
View Virtual TourEssential Information
- MLS® #A11993310
- Price$1,250,000
- CAD Dollar$1,755,894
- UK Pound£923,693
- Euro€1,090,145
- Bathrooms0.00
- Square Footage3,544
- Year Built1969
- TypeIncome
- Sub-TypeQuadruplex
- StyleFourplex
- StatusPending
Community Information
- Address955 W 23rd St
- Area32
- SubdivisionHIA HOMESITES 1ST ADDN
- CityHialeah
- CountyMiami-Dade
- StateFL
- Zip Code33010-2041
Amenities
- UtilitiesCable Not Available
- FeaturesLaundry Facilities
- Parking Spaces4
Interior
- InteriorTerrazzo
- HeatingElectric, Heat Pump
- CoolingElectric, Wall/Window Unit(s)
- # of Stories2
- StoriesTwo
Exterior
- RoofConcrete
- ConstructionBlock
Exterior Features
Fence, Lighting, Storm/Security Shutters
- Office: Fausto Commercial Realty Consultants Inc
955 W 23rd St on www.jupiteroceanfronthomes.us
Offered at the current list price of $1,250,000, this home for sale at 955 W 23rd St features bedrooms and 0 bathrooms. This real estate listing is located in HIA HOMESITES 1ST ADDN of Hialeah, FL 33010-2041 and is approximately 3,544 square feet. 955 W 23rd St is listed under the MLS ID of A11993310 and has been on the Hialeah real estate market for 86 days.The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of July 16th, 2026 at 9:53pm CDT (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 MLS of RAMB.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing