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Allapattah Mixed-Use Property for Sale
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2199 Nw 22nd Ct, Miami, FL

Mixed-use property in Allapattah, eligible for Live Local program.

Property Size4,690 SF
Lot Size0.18 Acres
Price / SF$399.79
Days on Market370

Property Features for 2199 Nw 22nd Ct

General Information

Standard status Active
Size 4,690 SF
Lot size 0.18 Acres

Site & Location

Neighborhood Allapattah Industrial District
Listing Agency: Gridline Properties
Listed By: Pablo Andres Rodriguez
Source: Moodyscre
Added: Oct 27, 2025 Changed: Oct 25 Last Checked: Oct 30 at 5:03PM

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 Gridline Properties

Rey
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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 mixed-use property is located in Allapattah. The building has a total size of 4,690 square feet and is situated on a 7,150-square-foot lot. The property is zoned D2 and is located in an Opportunity Zone. It is eligible for the Live Local program.

Key Highlights

  • Allapattah Location
  • Opportunity Zone Eligibility
  • Live Local Eligibility

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$153,014
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060,280 $3.1M
Cap Rate 7%
$2,185,914 $2.2M
Cap Rate 9%
$1,700,156 $1.7M
Market Conditions
NOI Build-Up for 4,690 SF
Gross rent
$243.7K $51.96/SF
− Vacancy
−$25.1K −$5.35/SF
EGI
$218.6K $46.61/SF
− OpEx
−$65.6K −$13.98/SF
NOI
$153.0K $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%
$3,060,280
Cap Rate 7%
$2,185,914
Cap Rate 9%
$1,700,156

Alternative Uses

Best Use
Retail
$2.19M
$1.91M – $2.55M (±1% cap)
NOI $153,014 @ 7.0% cap · market cap 8.16%
Second Best
Mixed Use
$1.58M
$1.39M – $1.85M (±1% cap)
NOI $110,801 @ 7.0% cap · market cap 5.91%
Theoretical Best
Specialty Retail
$3.17M
$2.77M – $3.69M (±1% cap)
NOI $221,605 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

All Solar Systems Production Facility

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Law Firm Spa & Massage Center Daycare 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

2,765
Businesses Nearby
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025

Similar Off Market Nearby

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  • Arlen Flower Design — 1670 NW 17th Ave, Miami, FL 33125
  • Perak Florist — 2637 NW 20th St, Miami, FL 33142
  • E&I Our Flowers — 1924 NW 17th Ave, Miami, FL 33125

Frequently Asked Questions

What type of property is this?
Storefront property - Mixed-use property in Allapattah, eligible for Live Local program.
Where is this storefront property located?
The property is located at 2199 Nw 22nd Ct Miami, FL.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: Allapattah Location; Opportunity Zone Eligibility; Live Local Eligibility
(305) 507-7098 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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