NOT LISTED FOR SALE

412 NW 23rd Ct Miami, FL 33125

West Flagler Neighborhood
-- Bed
-- Bath
2,621 Sq Ft
1924 Built

Last Sold March 30, 2025

Last sale price $850,000 $324 Per Sq Ft

143 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

About This Home

As of March 2025

Huge reduccion to sell!
Over 7% return witj a potencial over 8,5%
Fully rented legal triplex in the rapidly growing Little Havana area. The property is in great condition all with separated meters and rented to three families.
The rent is at below-market rates, offering income growth potential.
Plus a 4 studio unit can be added for extra revenue $1500

Situated on a large lot 8000 sqft lot, all three separated units with separate electric meters were upgraded in 2022
It passed its 40-year certification last year, ensuring local regulation compliance.

This is a rare investment opportunity in an area with strong rental demand. Please drive by, but do not disturb tenants. No interior showings without a signed contract.

Last Agent to Sell the Property

Margarita Elordi

Core International Realty License #0701472 Listed on: 08/19/2024

Last Buyer's Agent

Margarita Elordi

Core International Realty License #0701472 Listed on: 08/19/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,388

Year Built

  • Built in 1924

Lot Details

  • Property is zoned 5700

Parking

  • 12 Parking Spaces

Home Design

  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 2,621 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Harwood 2Nd Addn To River Subdivision

Listing and Financial Details

  • Total Actual Rent $94,800
  • Assessor Parcel Number 01-41-03-031-0190

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,388

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: HARWOOD 2ND ADDN TO RIVER
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2621
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Frame With Stucco
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HARWOOD 2ND ADDN TO RIVER
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-03-031-0190
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11388

Multi Family

  • Number Of Units In Community: 3
  • Annual Operating Expense: 12000
  • Total Actual Rent: 94800

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2025 03/30/25 Sold $850,000 -4.2% $324 / Sq Ft
01/20/2025 01/20/25 For Sale $887,000 0.0% $338 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
10/30/2024 10/30/24 Price Changed $887,000 -3.4% $338 / Sq Ft
10/27/2024 10/27/24 For Sale $918,000 +8.0% $350 / Sq Ft
10/22/2024 10/22/24 Off Market $850,000 -- --
10/04/2024 10/04/24 Price Changed $918,000 -2.1% $350 / Sq Ft
10/03/2024 10/03/24 For Sale $938,000 +10.4% $358 / Sq Ft
09/24/2024 09/24/24 Off Market $850,000 -- --
09/24/2024 09/24/24 For Sale $888,000 +4.5% $339 / Sq Ft
08/19/2024 08/19/24 Off Market $850,000 -- --
08/19/2024 08/19/24 For Sale $888,000 +85.0% $339 / Sq Ft
10/07/2021 10/07/21 Sold $480,000 -3.8% $224 / Sq Ft View Prior Sale
08/04/2021 08/04/21 For Sale $499,000 -- $233 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,869 $569,494 -- --
2024 $11,388 $517,722 -- --
2023 $11,388 $470,657 $0 $0
2022 $9,961 $427,870 $256,262 $171,608
2021 $8,144 $324,461 $0 $0
2020 $7,630 $324,064 $192,062 $132,002
2019 $7,090 $299,786 $167,784 $132,002
2018 $6,623 $299,786 $167,784 $132,002
2017 $6,019 $221,612 $0 $0
2016 $5,613 $201,466 $0 $0
2015 $5,254 $183,151 $0 $0
2014 $5,010 $166,501 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margarita Elordi

    Seller's Agent in 2025

    Margarita Elordi

    Core International Realty

    (305) 774-0100

    2 in this area

    28 Total Sales

    Margarita Elordi
    Section Image
  • Alain Oliveros

    Seller's Agent in 2021

    Alain Oliveros

    The Lab Realty Group, LLC

    (786) 925-0466

    2 in this area

    22 Total Sales

    Alain Oliveros
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11644062

MIAMI REALTORS® MLS
Florida Miami/Dade County Miami 33125 West Flagler

412 NW 23rd Ct, Miami, FL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes