$389,000

3621 23rd Ave, Miami, FL 33142

Bedrooms
5
Baths
4
Living area
3,015 ft²
Price per ft²
$129 / ft²
Type
Single-Family Home
Year built
1947
On market
7 days on market
MLS #
A12093013

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!

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $129. The median for recorded sales in the same ZIP codes is $715/ft² — putting it 82% below the median.
  • Position in the area’s price distributionThe asking price is $389,000; the median of recorded sales in the area is $575,000 (729 sales). On raw price that is 32% below the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33127, 33136, 33142 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$116,700
Term

7.03% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 24, 2026.

Estimated monthly payment$1,817
Loan amount
$272,300
Total interest over the term
$381,859
Total repaid
$654,159

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Modern World Realty

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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