401 411

$5,270,000

401 NE 22nd St, Miami, FL 33137

For Sale

Multifamily

Active

Last Updated: 04/02/2025

Details:

Building Size: 7,468 sqft

Units: 10

Year Built: 1926

Floors: 2

Parking Spots: 10

Offered by

Joel Rodriguez

Principal/Broker

Global Investments Realty

Request Info to Unlock

Highlights:

Lot Features: Central Business District, City Location
Number Of Buildings: 3
Construction Materials: CBS Construction
Parking Features: Assigned
Ownership: Corporation

Description:

Located in a prime Edgewater neighborhood, next to Biscayne Bay, offers a unique opportunity to redevelop or maintaining these boutiques rental properties. Total lot of 9,000 SF with 10 residential units distributed in 3 stand-alone low-rise buildings, 1 duplex and 2 fourplex. Unit Mix: 2 units of 1 bedroom, 8 units of 2 bedrooms. Convenient zoned T6-36a-L, by right, it can be built up to 30 units or 60 Hotel Rooms, and 151,000 SF, plus an additional 40% more with Public Benefit. Properties are surrounded by several luxury buildings, totaling over 6,000 units.

Adjacent to the bay and Biscayne Boulevard, and just few minutes from Midtown, Wynwood, Design District, A&E District, Downtown and Brickell, these properties are at the center of the best that Miami can offer.