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1040 NW 23rd Court, Miami, FL 33125

$800,000
Property Type: Residential Income Square Footage: 1,974 Status: Active
Current Price: $800,000 List Date: 5/30/2026 Last Modified: 6/16/2026

Overview

Description

Income-producing duplex located in a growing Miami neighborhood with strong long-term upside potential. This property features two separate 2-bedroom, 1-bath units, offering an excellent opportunity for investors seeking rental income or owner-occupants looking to offset expenses with additional rental revenue. Situated on a spacious lot, the property is conveniently located near major highways, Miami International Airport, shopping, dining, schools, and public transportation. Just minutes from Midtown Miami, Wynwood, and Downtown Miami, this location offers easy access to some of the city's most desirable destinations. Tenant occupied. Showings by appointment only. Please do not disturb tenants.

Listing Details MLS# A12028039

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
1974
Living Area Main
1758
Adjusted Area Main
1846
Year Built
1963
Stories Total
Yes
Pool Private YN
No
Parking Total
0

Property Features

Documents Available: None Flooring: Other Structure Type: Duplex Construction Materials: CBS Cooling: Other Heating: Central; Other Listing Terms: Cash; Conventional Possession: Negotiable; Other Roof: Aluminum Tax Information: City/County Utilities: Cable Not Available; Sewer Available Showing Requirements: 24 Hour Notice Unit 1 Parking Features: On Street Unit 2 Parking Features: On Street

Contract Information

Comp Sale YN
No
Original List Price
800000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1040
Street Direction Prefix
NW
Street Name
23rd
Street Suffix
Court
City Name
Miami
Municipal Code
31
State Or Province
FL
Postal Code
33125
Postal Code +4
3222
Postal Zip
33125
Subdivision Name
RIVERSIDE FARMS
Area
2310
Elementary School
Citrus Grove (Miami-Dade)
Middle Or Junior School
Citrus Grove
High School
Miami Jackson
Parcel Number
0131340381631
Subdivision Number
38
Zoning
5700
Flood Zone
AE,X
Directions
From SR-836, take NW 17th Ave north, turn west on NW 11th St, then north on NW 23rd Ct to property.

Financial Information

Tax Annual Amount
9838
Tax Year
2025
Tax Legal Description
34 53 41 RIVERSIDE FARMS PB 2-88 S70FT OF BLK 39 LESS W185FT LOT SIZE 70.000 X 109

Status Change Information

Major Change Timestamp
2026-05-30T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-06-01

More Information

Income and Expenses

Gross Income
3000

Unit 1 Details

Actual Rent
1500
Baths Full
Yes
Efficiency YN
Yes
Furnished
Unfurnished

Unit 1 Lease Description

Lease Term
Month To Month

Unit 2 Details

Actual Rent
1500
Baths Full
Yes
Efficiency YN
Yes

Unit 2 Lease Description

Lease Term
Month To Month

Price Calculations

Current Price To SqFt
455.06

Section Details

Parcel Number MLX
1631

Originating Details

Originating System Key
501926483
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Other
Yes

Documents Available

None
Yes

Structure Type

Duplex
Yes

Possession

Negotiable
Yes
Other
Yes

Utilities

Cable Not Available
Yes
Sewer Available
Yes

Heating

Central
Yes
Other
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Aluminum
Yes

Cooling

Other
Yes

Showing Requirements

24 Hour Notice
Yes

Tax Information

City/County
Yes

Unit 1 Parking Features

On Street
Yes

Unit 2 Parking Features

On Street
Yes
IDX
Listing Office: Madison Allied LLC
Last Updated: June - 16 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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