1420 W 23rd St
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Nearby Schools
Educational options and performance ratings in the area.
North Beach Elementary School
Nautilus Middle School
Miami Beach Senior High School
Miami, FL Investment Analysis (2026)
Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Analyzing property data...
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-05-19 | Listed for sale | $110,000,000 | $10,194 |
| 2021-01-25 | Sold | $18,500,000 | $1,714 |
| 2021-01-05 | Pending sale | $19,500,000 | $1,807 |
| 2020-12-30 | Listed for sale | $19,500,000 | $1,807 |
| 2020-12-22 | Pending sale | $19,500,000 | $1,807 |
| 2020-12-11 | Price change | $19,500,000 | $1,807 |
| 2020-11-30 | Listed for sale | $18,900,000 | $1,751 |
| 2020-09-08 | Sold | $6,700,000 | $621 |
| 2014-11-27 | Listing removed | $18,000 | $2 |
| 2014-06-15 | Price change | $18,000 | $2 |
| 2014-06-01 | Price change | $19,000 | $2 |
| 2014-05-28 | Listed for rent | $16,000 | $1 |
| 1999-07-07 | Sold | $800,000 | $74 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $387,980.4 | $19,999,704 |
| 2024 | $355,826.7 | $18,181,550 |
| 2023 | $331,863.06 | $16,528,682 |
| 2022 | $282,329.4 | $15,026,075 |
| 2021 | $242,136.77 | $12,540,684 |
| 2020 | $90,334.34 | $4,331,928 |
| 2019 | $91,698.54 | $4,217,851 |
| 2018 | $84,082.29 | $3,834,410 |
| 2017 | $86,566.05 | $3,485,828 |
| 2016 | $82,527.12 | $3,168,935 |
| 2015 | $77,893.63 | $2,880,850 |
| 2014 | $67,802.39 | $2,618,955 |
| 2013 | $17,841.09 | $2,801,022 |
| 2012 | $17,841.1 | $911,801 |
| 2011 | $17,489 | $885,244 |
| 2010 | $18,348.5 | $872,162 |
| 2009 | $16,640.8 | $849,233 |
| 2007 | $16,112.9 | $798,675 |
| 2006 | $18,336.8 | $0 |
| 2005 | $18,336.8 | $0 |
| 2004 | $18,125.2 | $0 |
| 2003 | $17,575 | $0 |
| 2002 | $17,160.8 | $0 |
| 2001 | $17,160.8 | $0 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $7,256,315/yr
On $25,300,000 invested
Tight qualification
Equity + cumulative cash
Monthly Cash Flow Breakdown
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