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Two-Unit Storefront Property
For Sale
$2,499,000
Pending

2292 SW 22nd St, Miami, FL 33145

Commercial Sale, Miami, FL

Property Size6,000 SF
Lot Size0.11 Acres
Days on Market100

Property Features for 2292 SW 22nd St

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description 6101
Subdivision 41
Standard status Pending
APN 01-41-15-006-0670
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description SILVER BLUFF ESTATES SECTION A PB 10-59 LOTS 3 & 4 BLK 4 LOT SIZE 50.000 X 100 OR 17180-4210 1095 6
Tax Annual Amount 24227
Legal Description SILVER BLUFF ESTATES SECTION A PB 10-59 LOTS 3 & 4 BLK 4 LOT SIZE 50.000 X 100 OR 17180-4210 1095 6

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1946
Architectural style Other
Listing Agency: BHHS EWM Realty
Listed By: Jeannie Montes de Oca · License #3031590
Added: Jun 30 Changed: Sep 8 Last Checked: Oct 7 at 6:06PM
MLS# A11780795

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This storefront property contains two units totaling 6,000 square feet, including 4,500 square feet on the ground level and a 1,500-square-foot mezzanine. Constructed in 1946, the building has central air conditioning, electric and central heating, public water, and public sewer. The site encompasses 0.1148 acres.

The property is located on Coral Way in Miami, between Downtown Miami, Brickell, and Coral Gables. The surrounding area includes residential development, boutique businesses, and dining establishments. Miami International Airport, I-95, and Key Biscayne are also identified as nearby access points and destinations.

Key Highlights

  • Two commercial units totaling 6,000 square feet
  • 4,500 square feet of ground‑level space plus a 1,500‑square‑foot mezzanine
  • 0.1148‑acre site on the Coral Way corridor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$195,754
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,915,080 $3.9M
Cap Rate 7%
$2,796,486 $2.8M
Cap Rate 9%
$2,175,044 $2.2M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$311.8K $51.96/SF
− Vacancy
−$32.1K −$5.35/SF
EGI
$279.6K $46.61/SF
− OpEx
−$83.9K −$13.98/SF
NOI
$195.8K $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%
$3,915,080
Cap Rate 7%
$2,796,486
Cap Rate 9%
$2,175,044

Alternative Uses

Best Use
Retail
$2.80M
$2.45M – $3.26M (±1% cap)
NOI $195,754 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.05M
$3.54M – $4.73M (±1% cap)
NOI $283,503 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Bakery Locksmith Garden Center Restaurant Plumbing Service

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

2,886
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33145, FL

29,737
Population
12,773
Households
2.3
Avg Household Size
44
Median Age
42%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$70,592
Median Household Income
$43,039
Median Earnings
$1,769
Median Rent
$560,300
Median Home Value
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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - The building combines two commercial units with ground-level retail space and a mezzanine.
Where is this storefront property located?
The property is located at 2292 SW 22nd St Miami, FL.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: Two commercial units totaling 6,000 square feet; 4,500 square feet of ground‑level space plus a 1,500‑square‑foot mezzanine; 0.1148‑acre site on the Coral Way corridor
More about this property
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