Date
Details
Price
Change
Source
3/24/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/30
$1,250,000 Sale Pending
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Property Description
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.
Full Property Details
Full Property Details for 955 W 23rd St
General
- Price: $1,250,000
- Taxes: $11,990 (2025)
- Status: Pending
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11993310
- Updated: 6/16/2026
- Added to Site: 108 day(s) ago
Rental Information
- Rent Includes: Gardener, Pest Control, Sewer, Trash Collection, Water
Interior
- Flooring: Terrazzo
Exterior
- Exterior Features: Exterior Lights
Parking
- Total Spaces: 4
Location
- Area: Hia Homesites 1st Addn
- County: Miami-Dade County
- Subdivision: HIA HOMESITES 1ST ADDN
- Building Name: HIA HOMESITES 1ST ADDN
Community
- Community Name: Hia Homesites 1st Addn
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, Wall/Window Unit(s)
- Heating Type: Electric, Reverse Cycle Unit
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Concrete
- Windows: Complete Accordian Shutters, Hurricane Shutters
- Stories/Levels: 2
- Building Size: 3544
- Square Feet: 3,544
- Living Area: 3,544 Sq. Ft.
- Year Built: 1969
- Other Struct. Feat.: Laundry Facility
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot, Corner Lot
- Zoning: 4600
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $352.71
- Operating Expenses: $38,892
- Tax Amount: $11,990
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Accounting Statements, Copy Of Lease(S), Rent Rolls, Existing Survey
- Legal Description: PB 18-37 HIALEAH HOMESITES 1ST ADDN LOTS 21 & 22 BLK 5 LOT SIZE 5300 SQUARE FEET OR 14654-829 0890 1
- Property ID: 04-30-12-019-0292
Listed by Fausto Commercial Realty Consultants Inc
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Listing agents
— 955 W 23rd St —
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Schools
Schools serving 955 W 23rd St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
James H. Bright Elementary/J.W. Johnson Elementary School 2530 West 10th Avenue, Hialeah, FL 33010 | PK-5 | 0.2 mi |
Henry H. Filer Middle School 531 West 29th Street, Hialeah, FL 33012 | 6-8 | 0.7 mi |
Westland Hialeah Senior High School 4000 West 18th Avenue, Hialeah, FL 33012 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 955 W 23rd St
Tax History
Tax History for 955 W 23rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,490
3%
$669,800
-6%
2024
$12,120
6%
$710,165
3%
2023
$11,386
50%
$690,547
53%
2021
$7,614
-20%
$450,449
-12%
2022
$9,551
25%
$509,157
21%
2021
$7,614
15%
$419,223
40%
2019
$6,620
13%
$300,278
10%
2018
$5,869
7%
$272,980
-22%
2017
$5,467
7%
$349,581
55%
2016
$5,099
7%
$225,604
10%
2015
$4,744
25%
$205,095
10%
2014
$3,787
4%
$186,450
4%
2013
$3,632
—
$178,481
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 955 W 23rd St
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 2,005Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 7Beds
- 4Total Baths
- 3,663Sq. Ft.
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,029Sq. Ft.
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- Condo
- Active
- Updated 18 hours ago
- 2Beds
- 2Total Baths
- 960Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
- 1,170Sq. Ft.
Listed by Richard Peters Realty Llc
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- Single Family
- Closed
- 4Beds
- 4Total Baths
- 1,903Sq. Ft.
Listed by Roberto Cuneo
955 W 23rd St, Hialeah, FL 33010 (MLS# A11993310) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 955 W 23rd St is currently listed for $1,250,000 and was received on March 24, 2026. Want to learn more about 955 W 23rd St? Do you have questions about finding other Multi-Family real estate for sale in Hialeah? You can browse all Hialeah real estate or contact a Coldwell Banker agent to request more information.