424 SW 22 Ave Miami, FL 33135

Listing agency Fausto Commercial Realty Consultants m*@faustocommercial.com Show Phone

Listed by Mauricio Villasuso · License #3254982

Source Crexi

Added: Apr 12 Updated: Jul 22 at 4:14AM Checked: Jul 22 at 4:14AM

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Investment Insights

Based on property information with market context.

This multifamily development site includes existing structures, with a commercial tenant currently on site and other structures identified as vacant. The stated current zoning allows for an eight-story structure with 27 units, while combinations of retail applications are described as open.

The property is positioned between Coral Gables and Little Havana, with access noted to the 836 and Calle Ocho. The remarks also state the site is within minutes of Miami International Airport, Coral Gables, Jackson Multispecialty Health District, and Brickell.

For a buyer looking to reposition the site, the opportunity centers on the mix of existing tenancy plus vacant structures under an eight-story, 27-unit zoning framework, with retail application combinations indicated as available.

Key Highlights

• Commercial tenant on site, with existing vacant structures that may support additional development.
• Current zoning allows an eight‑story structure with 27 units.
• Zoning supports 27 units priced at $28,700/unit (approx.).

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FAQs

What type of property is this?

Apartment building - Current commercial tenant on site; zoning supports an eight-story structure with 27 units and additional vacant structures.

Where is this apartment building located?

The property is located at 424 SW 22 Ave Miami, FL.

What are key features of this property?

This property features: Commercial tenant on site, with existing vacant structures that may support additional development.; Current zoning allows an eight‑story structure with 27 units.; Zoning supports 27 units priced at $28,700/unit (approx.).