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404 NW 23rd Ct, Miami, FL, 33125

3beds
2baths
1,641sqft
$659,000
$402price/sqft
$4,177/moest. monthly cost
$167,080/yrincome needed

About This Home

Located in the heart of Miami, this property presents an opportunity for investors, homebuyers, & developers alike. This site combines the rare advantages of a two-unit main residence & an additional efficiency unit in a generously sized lot teeming with possibilities for future growth and customization. The main structure consists of two distinct units, one with a 2/1 ratio and the other a 1/1 ratio. Property Type: Multi-family residential. Units: 2 main units plus 1 efficiency. Lot Size: Spacious lot with growth potential. T3-O Miami Zoning. Expansion, redevelopment, and rental income for 3-unit development sites. Minutes from downtown Miami. Proximity to Wynwood, Brickell, and Midtown. Nearby educational institutions and healthcare facilities. Accessible parks & recreational areas.

Getting Around

83
WalkingVery Walkable
54
TransitGood Transit
54
BikeBikeable

Schools

1/10
--
5/10
Miami Senior High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1938

Materials

  • Roof: Shingle
  • Construction materials: CBS Construction

Other

  • Builder model: 2/1 + 1/1

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Window features: Blinds
  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 2,031
  • Total interior livable area: 1,641 sqft

Property

Details

  • Parcel number: 0141030310200
  • Zoning: 5700

Features

  • Stories: 1
  • Patio & porch: Patio
  • Exterior features: Lighting
  • Fencing: Fenced

Lot

  • Lot size: 8,000 sqft
  • Features: Less Than 1/4 Acre Lot
  • Lot size dimensions: 50.000 x 160

Parking

  • Total spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,332$39,984
Home Insurance *$204$2,448
Property Taxes $444$5,328
Electricity $197$2,366
Total$4,177$50,124
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$143,211/yr
40% on housing$125,310/yr
45% on housing$111,386/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$402This listing

vs Other Active Listings

Avg $/sqft

ZIP 33125$400
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33125$346
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-20Price change$679,000
2025-12-04Price change$699,000
2025-08-27Listed for sale$715,000

For Sale by Agent

AgentGelsis Navarro
BrokerageOne Stop Realty

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