2311 22nd Ave ,Quadruplex, Allapattah Highlands Add for Sale

2311 22nd Ave for Sale

Price $9,500,000.00

• Lot size 40199
• Year Build 2023
• Waterfront
• Zip 33142
• Style
• Parking Description
• Pool Yes
• Status Active

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.

ALLAPATTAH HGLDS ADD REV PB 35-7 S57.17 FT OF W100FT OF TR 2 BEG 114.34FT S NW COR TR 2 S171.45FT E100FT N142.88FT E25FT N28.58FT W100FT TO

1/4 To Less Than 1/2 Acre Lot

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.

City:Miami,Zoning:6101,List A O R:A-Miami Association of REALTORS,Stories:4,Tax Year:2025,Latitude:25.7983699,Cooling Y N:1,Heating Y N:1,List Price:9500000,Listing Id:A12042743,Longitude:-80.231345,Mls Status:Active,Year Built:2023,Living Area:40199,Postal Code:33142,Street Name:22nd Ave,Coordinates:1:25.7983699,Photos Count:24,Building Name:ALLAPATTAH HIGHLANDS ADD,Listing Terms:1:Conventional,2:Exchange,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Allapattah Highlands Add,On Market Date:2026-06-25,Parcel Number:01-31-27-018-0142,Parking Total:29,Property Type:Residential Income,Rent Includes:1:Pest Control,2:Sewer,3:Trash Collection,4:Water,Stories Total:4,Street Number:2311,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2027-01-31,List Office Name:A & D Group Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:8642,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:ALLAPATTAH HIGHLANDS ADD,Tax Annual Amount:2025,Total Actual Rent:678209,Unparsed Address:2311 NW 22nd Ave, Miami FL 33142,Interior Features:1:Stairs,Listing Agreement:Exclusive Right To Sell,Operating Expense:197291,Year Built Details:Effective Year Built,Building Area Total:40199,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AE,M I A M I R E_ L P Amt Sq Ft:236.3243,Original List Price:9500000,Public Survey Range:31,Documents Available:1:Rent Rolls,2:Service Contracts,3:Existing Survey,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Net Operating Income:480918,Number Of Units Total:23,Syndication Remarks: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.,Listing Contract Date:2026-06-25,Originating System I D:miamire,Public Survey Section:27,Showing Instructions:24 Hour Notice,Appointment Only,Street Number Numeric:2311,Tax Legal Description:ALLAPATTAH HGLDS ADD REV PB 35-7 S57.17 FT OF W100FT OF TR 2 BEG 114.34FT S NW COR TR 2 S171.45FT E100FT N142.88FT E25FT N28.58FT W100FT TO,M I A M I R E_ Current Price:9500000,M I A M I R E_ Owner Agent Y N:1,Public Survey Township:31,M I A M I R E_ Municipal Code:1,M I A M I R E_ Total Mortgage:4350000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:37127,M I A M I R E_ Internet Remarks:23-unit multifamily property located at 2321 NW 22nd Avenue in Miami, FL .Completed in June 2023, this 4-story, excellent finishes, 29 parking spaces,M I A M I R E_ Parcel Number M L X:0142,M I A M I R E_ Street View Param:1$25.798546$-80.231344$314.31$13.33$1.00$UKNJ_DXguFFKhIJWR9-wmg,M I A M I R E_ Supplement Count:1,Contract Status Change Date:2026-06-25,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:18,M I A M I R E_ Agent Alternate Phone:786-897-1843,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:2311 NW 22nd Ave,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:236.32,