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.
| MLS # | A12042743 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2023 |
| Days On Site | 60 |
| Listing Provided By | A & D Group Realty LLC | Americo Dagostini |
| SQ Feet | 40,199 |
|---|---|
| Story(s) | 4 |
| Zoning | 6101 |
| Lot Features | Quarter To Half Acre Lot, Sprinklers Automatic |
|---|
| Tax Annual Amount | 2025 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33142 |
| Area | 31 |
| Community Name | ALLAPATTAH HIGHLANDS ADD |
| Listing VS Median (in ALLAPATTAH HIGHLANDS ADD) | |
Price: $9,500,000 low | high Med: $4,751,345 sqft: 40,199 low | high Med: 20,652 $ / sqft: $236 low | high Med: $119 On site: 60 low | high Med: 126.5 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33142 |
| Area | 31 |
| Community Name | ALLAPATTAH HIGHLANDS ADD |
| Listing VS Median (in ALLAPATTAH HIGHLANDS ADD) | |
Price: $9,500,000 low | high Med: $4,751,345 sqft: 40,199 low | high Med: 20,652 $ / sqft: $236 low | high Med: $119 On site: 60 low | high Med: 126.5 | |