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Edgewater Multifamily Redevelopment Opportunity

401 NE 22nd St Miami, FL 33137

401 NE 22nd St, Miami, FL, 33137
$5,270,000
For Sale
Claim this Listing
$5,270,000

Prime Edgewater location with redevelopment potential near Biscayne Bay.

Lot Size0.21 Acres
AddedNov 27, 2025
Days on Market231
Last RefreshJul 15 at 9:03 pm

Property Features for 401 NE 22nd St

General Information

Standard status
Active
Lot size
0.21 Acres
Property subtype
Commercial

Building Details

Year Built
1926

Listing office Global Investments Realty

Listing date Nov 27, 2025

Source Elliman

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 Global Investments Realty


Investment Insights

Based on property information with market context.

Located in the Edgewater neighborhood, next to Biscayne Bay, this property offers a redevelopment opportunity. The total lot size is 9,000 square feet and contains 10 residential units distributed among 3 stand-alone low-rise buildings, including 1 duplex and 2 fourplexes. The unit mix includes 2 one-bedroom units and 8 two-bedroom units. Zoned T6-36a-L, the property allows for the construction of up to 30 units or 60 hotel rooms, totaling 151,000 square feet, with the potential for an additional 40% increase with public benefit. The properties are surrounded by luxury buildings, totaling over 6,000 units. Situated adjacent to the bay and Biscayne Boulevard, the properties are located minutes from Midtown, Wynwood, the Design District, the Arts & Entertainment District, Downtown, and Brickell.

Key Highlights

  • Prime Edgewater location next to Biscayne Bay
  • Redevelopment opportunity with T6‑36a‑L zoning, allowing up to 30 residential units or 60 hotel rooms
  • Significant development potential: 151,000 SF buildable, plus 40% more with Public Benefit

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nursing Home Nursing Home Buffet Butcher Mobile Phone Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Prime Edgewater location with redevelopment potential near Biscayne Bay.
Where is this apartment building located?
The property is located at 401 NE 22nd St Miami, FL.
What is the asking price?
The asking price for this property is $5,270,000.
What are key features of this property?
This property features: Prime Edgewater location next to Biscayne Bay; Redevelopment opportunity with T6‑36a‑L zoning, allowing up to 30 residential units or 60 hotel rooms; Significant development potential: **151,000 SF buildable**, plus 40% more with Public Benefit
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