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2311 NW 22nd Avenue, Miami, FL 33142

$9,500,000
Property Type: Residential Income Square Footage: 40,199 Status: Active
Current Price: $9,500,000 List Date: 6/25/2026 Last Modified: 7/19/2026

Overview

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.

Listing Details MLS# A12042743

General Property Information

Property Sub Type
Quadruplex
Building Area Main
40199
Living Area Main
40199
Adjusted Area Main
37127
Year Built
2023
Parking Total
29
Stories Total
4
Pool Private YN
No

Property Features

Association Amenities: Elevator(s) Documents Available: Copy Of Lease(s); Existing Survey; Rent Rolls; Service Contracts Flooring: Laminate Structure Type: Multi Family Construction Materials: CBS Cooling: Central Air Heating: Central Listing Terms: 1031 Exchange; Cash; Conventional Possession: Close Of Escrow Roof: Concrete Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: 24 Hour Notice; Appointment Only Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
9500000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
2311
Street Direction Prefix
NW
Street Name
22nd
Street Suffix
Avenue
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33142
Postal Code +4
8642
Postal Zip
33142
Subdivision Name
ALLAPATTAH HIGHLANDS ADD
Area
2310
Elementary School
Comstock
Middle Or Junior School
Georgia Jones-Ayers
High School
Miami Jackson
Parcel Number
0131270180142
Subdivision Number
18
Zoning
6101
Flood Zone
AE

Financial Information

Tax Annual Amount
2025
Tax Year
2025
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

Status Change Information

Major Change Timestamp
2026-06-25T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-06-25

More Information

Income and Expenses

Gross Income
678209
Net Operating Income
480918
Total Expenses
197291

Storm Protection

Impact Glass
Partial

Price Calculations

Current Price To SqFt
236.32

Section Details

Parcel Number MLX
0142

Originating Details

Originating System Key
515290438
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Association Amenities

Elevator(s)
Yes

Flooring

Laminate
Yes

Documents Available

Copy Of Lease(s)
Yes
Existing Survey
Yes
Rent Rolls
Yes
Service Contracts
Yes

Structure Type

Multi Family
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes

Sprinkler Description

Auto Sprinkler
Yes

Construction Materials

CBS
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Roof

Concrete
Yes

Cooling

Central Air
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
IDX
Listing Office: A & D Group Realty LLC
Last Updated: July - 19 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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