470 NW 22nd Ave, Miami, FL 33125
- Added:
- May 15, 2026
- Days on Market:
- 46
- Last Refresh:
- Jun 29 at 3:06 am
Property Features for 470 NW 22nd Ave
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- 6100
- Standard status
- Active
- APN
- 01-41-03-035-0190
- Size
- 2,300 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12360
Utilities
- Water source
- Public
Building Details
- Architectural style
- Other
Listing agent Damaris Cheang License #3282026 (786) 278-0380
Listing office Keller Williams Capital Realty 550 Biltmore Way, Coral Gables, FL (305) 662-7325
Listing date May 15, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime commercial redevelopment opportunity in high‑traffic Miami location.
- Zoned T6‑8‑O, with potential for up to 8 stories.
- Existing building with approximately 2,300 SF of interior space.
- Features 6 offices, 2 restrooms, and 7 parking spaces.
- Well‑configured existing improvement while redevelopment plans or future use are explored.
- Excellent visibility and strong street presence.
Overview
The property is described as zoned 6100, with potential for development up to 8 stories as stated in the provided remarks. The lot size is approximately 0.1313 acres. The buyer is advised to independently verify zoning, permitted uses, and any development feasibility.
For tenants, buyers, or operators, the site can be approached two ways: as an existing office configuration that can be leveraged for near-term occupancy, or as a redevelopment target to pursue higher-density options consistent with the zoning parameters cited. Prospective users should review the existing building’s current office and restroom configuration, as well as the on-site parking count, alongside their own redevelopment plans and verification steps for what may be permitted under the applicable zoning.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.5k | $45.00 |
| − Vacancy | −$15.5k | −$6.75 |
| EGI | $88.0k | $38.25 |
| − OpEx | −$22.0k | −$9.56 |
| NOI | $66.0k | $28.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.231174
- Latitude
- 25.77744
