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Multifamily Income Property
For Sale
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Pending

2311 NW 22nd Ave, Miami, FL 33142

Multifamily income property near Jackson Memorial Hospital and other Miami destinations.

Property SizeContact for details
Days on Market125

Property Features for 2311 NW 22nd Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Cap Rate 4.53%
Listing Agency: Alberto Azpurua
Listed By: Alberto Azpurua Lara · License #SL3469772
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 13 at 8:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alberto Azpurua

Investment Insights

Based on property information with market context.

Offered for sale, this income-focused multifamily property is presented with supporting NOI proforma figures for both traditional multifamily and short-term rental use. The provided multifamily NOI proforma is US$493,860 with a 4.53% cap rate. A separate Airbnb NOI proforma range is shown at US$740,439–US$1,028,387, with cap rate range of 6.79% to 9.43%, reflecting the owner’s stated strategy of capital preservation and exposure to a major market.

The property is located at 2311 NW 22nd Ave, Miami, FL 33142, and the remarks describe its proximity to Jackson Memorial Hospital plus nearby Miami destinations including Brickell, Wynwood, the Design District, Downtown, museums, and beaches.

Key Highlights

  • Multifamily income property near Jackson Memorial Hospital in Miami
  • Close to Brickell, Wynwood, Design District, Downtown, museums, and beaches
  • Multifamily NOI proforma: US$493,860 with a 4.53% cap rate

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Bakery Locksmith Restaurant Tattoo & Piercing Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,665
Businesses Nearby

Demographics for 33142, FL

55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Multifamily income property near Jackson Memorial Hospital and other Miami destinations.
Where is this short term rental property located?
The property is located at 2311 NW 22nd Ave Miami, FL.
What are key features of this property?
This property features: Multifamily income property near Jackson Memorial Hospital in Miami; Close to Brickell, Wynwood, Design District, Downtown, museums, and beaches; Multifamily NOI proforma: US$493,860 with a 4.53% cap rate
More about this property
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