2311 NW 22nd Ave, Miami, FL, 33142
2311 NW 22nd Ave, Miami, FL, 33142 - Image 22311 NW 22nd Ave, Miami, FL, 33142 - Image 32311 NW 22nd Ave, Miami, FL, 33142 - Image 42311 NW 22nd Ave, Miami, FL, 33142 - Image 5

2311 NW 22nd Ave, Miami, FL, 33142

40,199 sq.ft.

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.

Information

Property typeMulti Family
Size40,199 sq.ft.
Year built2023
Stories4
Price per sq.ft.USD 236
Last sold2018-03-13
Last sold priceUSD 830,000
CountyMiami-Dade
ZIP code33142
LocationMiami, United States

USD 9,500,000

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Where it's located

Miami, United States

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