2311 NW 22nd Ave, Miami, FL 33142

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.

Property Details

Interior Features

Elevator, Stairs

Heating

Central

Cooling

Central Air

Building & Association

Building Name

ALLAPATTAH HIGHLANDS ADD

Stories

4

Stories Total

4

Association

No

Lot & Construction

Lot Features

1/4 To Less Than 1/2 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Concrete

New Construction

No

Public Records

Parcel Number

01-31-27-018-0142

Tax Annual Amount

$2,025

Tax Year

2,025

Zoning

6101

County Or Parish

Miami-Dade County

Location