401 NE 22nd St new

Miami,FL 33137

$ 5270000

- Bed

0 Bath

7468 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,468 sqft

Price per Sqft $705

MLS Listing ID A11774620

Year Built 1926

Annual Tax Amount $44,490

Lot Size 9,000 Sqft

Property Sub-Type Multi Family

Property 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.

Location

State FL

County Miami-dade

Area 32

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Block

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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