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    945 22Nd Pl Miami, FL 33125

    For Sale
    $759,000

    Renovated 3-unit multifamily investment.

    Property size:
    1,882 SF

    Description

    Added:
    Feb 11, 2025
    Days on Market:
    300
    This charming, fully renovated duplex in Miami's desirable Riverside Farms neighborhood presents a fantastic investment opportunity. Built in 1957, this single-story property boasts 1,882 square feet and comprises three units, offering a total of four bedrooms and three bathrooms. Recent upgrades include brand new kitchens and bathrooms in all units, along with the installation of impact windows and doors throughout, ensuring both security and energy efficiency. The electrical system has been completely updated with new panels and wiring, providing peace of mind for years to come. A partially new concrete driveway enhances curb appeal and provides ample parking. All units feature new AC units and fresh exterior finishes, contributing to the property's overall attractive presentation. Each unit also includes an outdoor living area, adding to the desirability for tenants. The property's strategic location offers easy access to major highways, Miami International Airport, and popular attractions such as the Miami Marlins Stadium and the InterMiami CF Stadium. Currently occupied by excellent tenants, this property generates strong rental income, making it an ideal investment for both seasoned investors and those seeking a hands-off approach. The combination of its prime location, recent renovations, and strong rental potential makes this duplex a truly exceptional opportunity. Detailed property layouts and additional photos are available upon request for serious buyers.

    Property Features for 945 22Nd Pl

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,882 SF

    Building Details

    Year Built
    1957
    Stories
    1

    HighLights

    • $759,000 asking price.
    • Multifamily property, specifically a renovated duplex/triplex/quadruplex.
    • 1,882 square feet.
    • Built in 1957, one story.
    • Located in Miami, FL, 33125, near Marlins Stadium, MIA airport, and major highways.
    • Features 3 units with 4 bedrooms and 3 bathrooms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2324779
    Latitude
    25.7821775

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    FAQs

    What type of property is this?
    Multifamily property - Renovated 3-unit multifamily investment.
    Where is this multifamily property located?
    The property is located at 945 22Nd Pl Miami, FL.
    What is the asking price?
    The asking price for this property is $759,000.
    What are key features of this property?
    This property features: $759,000 asking price.; Multifamily property, specifically a renovated duplex/triplex/quadruplex.; 1,882 square feet.
    Request Owner's contact information
    945 22Nd Pl Miami, FL 33125
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    Miami, FL 33125
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    945 22Nd Pl Miami, FL 33125
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