2311 NW 22nd Ave, Miami, FL 33142
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2311 NW 22nd Ave, Miami, FL 33142
2311 NW 22nd Ave, Miami, FL 33142
2311 NW 22nd Ave, Miami, FL 33142
2311 NW 22nd Ave, Miami, FL 33142
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2311 NW 22nd Ave Miami, FL 33142

40,199 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 40,199 sqft

Price per Sqft $236

Subdivision Allapattah Highlands Add

MLS Listing ID A12042743

Style Fourplex

HOA Y/N No

Year Built 2023

Annual Tax Amount $2,025

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

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.

Location

State FL

County Miami-dade

Community Allapattah Highlands Add

Area 31

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Exterior

Exterior Feature Security/High Impact Doors

Pool None

Utilities Available Cable Available

Roof Type Concrete

Total Parking Spaces 29

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot, Sprinklers Automatic

Story 4

Sewer Public Sewer

Architectural Style Fourplex

Structure Type Block

Others

Tax ID 01-31-27-018-0142

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12042743


Miami Association of Realtors (SEFMIAMI MLS)
Listed by A & D Group Realty LLC

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Marlon Persaud

Marlon Persaud

Agent | License ID: SL3362985

+1(407) 760-9778

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2311 NW 22nd Ave