2311 NW 22nd Ave, Miami, FL 33142
ALLAPATTAH HIGHLANDS ADD · Miami-Dade County
Key Facts
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 Information
Property Type
Residential Income
Sub-Type
Quadruplex
Style
Fourplex
Year Built
2023
Living Area
40,199 sq ft
Parking Spaces
29
MLS® Listing#
A12042743
Property Features
Cooling
Heating
Flooring
Pool
Construction
Roof
Utilities
Sewer
Financial Details
Annual Taxes
$2,025
Tax year 2025
Parcel Number
01-31-27-018-0142
Affordability Calculator
$1,900,000
Estimated monthly payment
$50,563/mo
Principal $7,600,000 · Est. interest $10,602,676 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Miami, FL
- $615,995
- Median Listing Price
- 111
- Median Days on Market
- 1,173
- Median Sq Ft
- $510
- Median Price / Sq Ft
- 10,668
- Active Listings
- This home’s price is 1442% above the area median.
- Its price per sq ft is 54% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Miami, FL.
Location
Points of Interest in Miami, FL
Showing the Miami area map.
Nearby Schools
Comstock Elementary School
Elementary · 0.4 mi away
Maya Angelou Elementary School
Elementary · 0.6 mi away
Juvenile Justice Center Alt Ed
Secondary · 0.8 mi away
Troy Foundation
School · 0.8 mi away
River Cities Community Charter School
School · 0.8 mi away
Mater International Academy
School · 0.8 mi away
Miami Jackson Sr High School
Secondary · 0.9 mi away
Lincoln Marti School
School · 1.0 mi away
Pace Center for Girls Miami
Secondary · 1.0 mi away
Melrose Elementary School
Elementary · 1.1 mi away
Debbie School
School · 1.1 mi away
Lincoln-Marti Schools
School · 1.2 mi away
University of Miami Miller School of Medicine
School · 1.2 mi away
Kelsey L. Pharr Elementary School
Elementary · 1.2 mi away
Santa Clara Elementary School
Elementary · 1.3 mi away
Champagnat Catholic School
School · 1.4 mi away
Ramz Academy 6 8 Middle Miami Campus
School · 1.4 mi away
Earlington Heights Elementary School
Elementary · 1.4 mi away
Citrus Grove Elementary School
Elementary · 1.4 mi away
Jackson-Dade Head Start
School · 1.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| Miami, FL | $6,650,000 | — | — | 26,304 |
| 300 N Biscayne Blvd 7801, Miami, FL | $6,677,000 | 3 | 4 | 2,502 |
| 7650 SW 83rd Ct, Miami, FL | $6,700,000 | 6 | 8 | 6,010 |
| 1000 Biscayne Blvd 3701, Miami, FL | $6,700,000 | 4 | 6 | 4,600 |
| 500 Alton 2702, Miami Beach, FL | $6,750,000 | 3 | 4 | 2,930 |
| 300 Biscayne Blvd Way 1901, Miami, FL | $6,750,000 | 5 | 6 | 3,560 |
Moving Cost Estimate
EXIT Agents in Miami
Listing Courtesy: A & D Group Realty LLC - 3053729202
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.