Property 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.

Overview

At a glance

Property Type

Residential Income

Property Sub-Type

Quadruplex

Address

2311 NW 22nd Avenue, Miami, FL 33142

Zoning

6101

MLS ID

A12042743

Listing Date

2026-06-25

Last Updated

6/25/2026, 10:04:42 PM

Days on Market

3

Subdivision

ALLAPATTAH HIGHLANDS ADD