For Sale
$1,199,000

210 22Nd AveMiami, FL 33135

High-yield commercial & residential property

Overview

Added:
Feb 3
Days on market:
60
This exceptional mixed-use property at 210 SW 22nd Ave, Miami, FL, presents a lucrative investment opportunity. The 2,201 square foot building sits on a 0.14-acre lot and offers a blend of commercial and residential spaces. Currently, the commercial space is occupied by a thriving motorcycle/motorsports shop, generating a monthly income of $1,750. In addition to the commercial space, the property includes three efficiency apartments. One apartment generates $900 in monthly rent, another brings in $900, and the third provides $425 monthly. The property's operating expenses are manageable, with monthly electricity costs averaging $400 and water expenses at $350. It's important to note that there are no active leases in place, offering flexibility for the new owner to establish their own rental agreements. This property is ideal for investors seeking a strong return on investment in a vibrant Miami location. The building's versatile layout and existing income streams make it an attractive proposition for both seasoned investors and those new to the commercial real estate market. The current tenants should not be disturbed. This prime Miami location offers significant potential for future growth and appreciation. The property is being offered at $1,199,000.

Property Details for 210 22Nd Ave

Property type
Mixed-use properties
Square Feet
2,201 SF
Year Built
1946
Lot Size (sq. ft)
6,098 SF

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.77059
Longitude
-80.23115
210 22Nd Ave, Miami, Florida

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210 22Nd Ave
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