2311 NW 22nd Ave, Miami FL 33142

For sale Days on market 0

ALLAPATTAH HIGHLANDS ADD [ Quadruplex ]

$9,500,000

$236/sq ft

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Overview

Year Built

2023

Sqft

40199

Property 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.

Property Details

MLS#

A12042743

Total Floor in Bldg

Building

ALLAPATTAH HIGHLANDS ADD

Address

2311 22nd Ave NW

City

Miami

State/county

Zip/Postal Code

33142

Area

Allapattah Highlands Add

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,025

Maint Fee

$--

Tax Year

2025

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