For Sale
$1,550,000

424 22Nd AveMiami, FL 33135

Prime Miami location, 27-unit potential.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 1.55 million dollar property, located at 424 SW 22nd Ave in Miami, Florida (zip code 33135), presents a unique opportunity for multifamily development. Currently zoned T6-8O, this land parcel allows for the construction of up to 27 residential units as of right. Preliminary plans already exist for a five-story building encompassing 26 units, providing a solid foundation for immediate development or further refinement. The property's strategic location near Calle 8 in Miami-Dade County offers excellent access to amenities and transportation. This offering is a land sale, focusing on the inherent value of the buildable land itself, making it an attractive investment for developers seeking a prime location in a thriving Miami neighborhood. The coordinates are 25.7682459 latitude and -80.2310664 longitude. The property is classified as Special Purpose. This is a chance to capitalize on the high demand for housing in this area. The sale price is $1,550,000.

Highlights

  • $1,550,000 asking price.
  • Special purpose property.
  • Miami-Dade County, Florida location at 424 SW 22nd Ave, Miami, FL 33135.
  • Zoned T6-8O, allowing up to 27 multi-family units as-of-right.
  • Preliminary plans exist for a 26-unit, five-story building.
  • Sold for land value.

Property Details for 424 22Nd Ave

Property type
Specialty properties

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7682459
Longitude
-80.2310664
424 22Nd Ave, Miami, Florida

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424 22Nd Ave
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