Storefront Retail Building with Impact
For Sale
$3,500,000
1365 SW 22nd Street, Miami, FL
Commercial Sale, Miami, FL
Property Size3,173 SF
Lot Size0.09 Acres
Price / SF$1,103
Days on Market203
Property Features for 1365 SW 22nd Street
General Information
Property type
Residential
Property subtype
Retail
Zoning
6100
Parking features
On Street
Subdivision
2410
Standard status
Active
APN
0141110080250
Size
3,173 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
KENTUCKY CORNERS PB 12-11 LOT 20 LESS S25 FT BLK 2 LOT SIZE 50.000 X 80 OR 20644-1659 0902 1
Tax Annual Amount
16943
Legal Description
KENTUCKY CORNERS PB 12-11 LOT 20 LESS S25 FT BLK 2 LOT SIZE 50.000 X 80 OR 20644-1659 0902 1
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Gas (Cooling), Electric
Water source
Public
Building Details
Year built
1953
Floors in Building
1
Number of units
1
Flooring type
Concrete, Tile - Ceramic
Building materials
CBS
Roof type
Flat
Buildings
1
Listing Agency:
RE/MAX Consultants Realty 1 · RE/MAX International
(954) 767-4667
Listed By:
Luis Felipe Mehech Musalem · License #3438719
(305) 205-8935
Added: Apr 10
Changed: Oct 27
Last Checked: Oct 29 at 2:06AM
MLS# B26013853
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding storefront property contains 3,173 square feet on a 0.09-acre lot. Built in 1953, the building has CBS construction, a flat roof, concrete and ceramic tile flooring, and central heating and air conditioning. Impact windows were installed in 2025, and recertification was completed that year. The property is currently vacant; its prior configuration included two restaurant units and one hair salon unit.
Public water and sewer serve the property, with water available. Parking is on street.
Public water and sewer serve the property, with water available. Parking is on street.
Key Highlights
- 3,173 square feet on a 0.09‑acre lot
- Impact windows installed in 2025; recertification completed in 2025
- Vacant; prior layout included two restaurant units and one hair salon unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,521
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,070,420
$2.1M
Cap Rate 7%
$1,478,871
$1.5M
Cap Rate 9%
$1,150,233
$1.2M
Market Conditions
NOI Build-Up for 3,173 SF
Gross rent
$164.9K $51.96/SF
− Vacancy
−$17.0K −$5.35/SF
EGI
$147.9K $46.61/SF
− OpEx
−$44.4K −$13.98/SF
NOI
$103.5K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,070,420
Cap Rate 7%
$1,478,871
Cap Rate 9%
$1,150,233
Alternative Uses
Best Use
Retail
$1.48M
$1.29M – $1.73M
NOI $103,521 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.14M
$1.87M – $2.50M
NOI $149,926 @ 7.0% cap · market cap 4.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,674
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Miami, FL
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Frequently Asked Questions
What type of property is this?
Storefront property - The vacant property retains a former three-unit layout for restaurant and salon uses.
Where is this storefront property located?
The property is located at 1365 SW 22nd Street Miami, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 3,173 square feet on a 0.09‑acre lot; Impact windows installed in 2025; recertification completed in 2025; Vacant; prior layout included two restaurant units and one hair salon unit
