2311 NW 22nd Avenue, Miami, FL 33142

$9,500,000
40,199
SqFt

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List Price
$9,500,000
Status
ACTIVE
Days on Market
78
MLS#
A12042743
Subtype
Residential Income
Year Built
2023
Living Area
40,199
Subdivision
Allapattah Highlands Add
MLS Area Major
2310

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.

Additional Information

Amenities
Elevator(s)
Taxes
$2,025
Flooring
Laminate
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Stories
4
Roof
Concrete
Elementary School
Comstock
Middle School
Georgia Jones-Ayers
High School
Miami Jackson

Listing courtesy of A & D Group Realty LLC. Contact:

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Agent: Americo Dagostini | Email: americodagostini@hotmail.com