Technical
Financial
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Property profile

601 NE 22Nd St Miami, FL 33137

OFF-MARKET
Apartment buildings
Property ID
US18-1612451
Built 1972
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Property summary

AI-generated overview

This five-story multifamily apartment building is located in the Edgewater neighborhood and contains 21 residential units, each configured as 1 bedroom and 1 bathroom. The property sits on a 15,230-square-foot lot. It is zoned T6-36a-L and supports by-right development of up to 52 units and 180,760 square feet, with additional potential floor area through Public Benefit provisions. The site is positioned adjacent to the bay and Biscayne Boulevard and is in proximity to Midtown, Wynwood, the Design District, the Arts & Entertainment District, Downtown, and Brickell. The surrounding area includes multiple large-scale residential developments totaling more than 6,000 units.

Property profile

Verified
Property type Apartment buildings
Year built 1972
UPID US18-1612451

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • Bank Credit Union
  • Film Production

Location

601 NE 22Nd St Miami, FL 33137
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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