2311 NW 22nd Avenue, Miami, FL 33142

Listing Snapshot

About This Home

An exceptional opportunity to acquire a newly constructed, 23-unit multifamily property located at 2321 NW 22nd Avenue in Miami, Florida. Completed in June 2023, this four-story asset features modern architecture, high-quality finishes, and 29 covered parking spaces. With a stable in-place NOI of $480,918 and 96% of units currently leased, the property offers immediate cash flow with additional upside potential (Building have 12 storage units).Strategically positioned in one of Miami’s rapidly evolving neighborhoods, the property benefits from excellent connectivity to major transportation corridors, employment centers, and a diverse mix of retail, dining, and entertainment destinations. Additionally, the property is located within a designated Opportunity Zone, providing investors with significant long-term tax advantages. The property is being offered at $238 by SF, which represents a considerably discount to repositioning cost, creating an attractive basis for investors.

General Features

Property Type

ResidentialIncome

Sub-type

Quadruplex

Stories

4

Parking Spaces

29

Zoning

6101

Utilities

CableAvailable

Subdivision

ALLAPATTAH HIGHLANDS ADD

Interior Features

Flooring

Laminate

Heating

Central

Cooling

CentralAir

Exterior Features

Construction

Block

Roof

Concrete

Lot Features

QuarterToHalfAcreLot,SprinklersAutomatic

Pool

No

Waterfront

No

Community Features

Association Amenities

Elevators

MLS Area

2310

Schools

Map

Virtual Tour