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    Freestanding Retail-Office Building Title is generated by Realmo AI

    470 NW 22nd Ave, Miami, FL 33125

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    For Sale
    $1,125,000

    Fully updated corner building with flexible retail/office zoning for a range of owner-user and investment strategies.

    Type:OFC, SCR, MU
    Property size:
    2,571 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $437/SF
    Added:
    Jun 19, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 25 at 9:38 pm

    Property Features for 470 NW 22nd Ave

    General Information

    Standard status
    Active
    Size
    2,571 SF
    Lot size
    0.13 Acres
    Property subtype
    OFC, SCR, MU

    Building Details

    Year Built
    1952

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    Jorge Fernandez-Pla
    Jorge Fernandez-Pla

    Listing office 1426 Real Estate LLC D/B/A Keller Williams Coral Gables Realty

    Listing date Jun 19, 2026

    Source Realnex

    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 1426 Real Estate LLC D/B/A Keller Williams Coral Gables Realty

    HighLights

    • Fully updated 2,571 SF freestanding retail/office building
    • Located on a 0.13‑acre corner lot
    • Year built: 1952
    • Flexible zoning: T6‑8‑O
    • Optimized layout with immediate utility as an owner‑user or investment property

    Overview

    This freestanding, fully updated retail/office building offers an optimized layout designed for mixed commercial use. The property totals 12,571 SF and sits on a 0.13-acre corner lot, providing a compact, self-contained footprint suitable for owner-users or investors seeking a straightforward operating asset.

    The building is located in the Miami market (33125) and is zoned T6-8-O. It is positioned on a corner lot and described as having immediate premium utility with exceptional access to regional transport, which can support convenient customer and employee travel.

    As a tenant-ready retail/office facility, the property’s configuration supports businesses that need a combination of storefront and office-style space. Buyers evaluating owner-use flexibility will appreciate the updated condition and dedicated building presence, while investors may find the freestanding retail/office format aligns with strategies focused on controllable, single-asset operations. Please note that exact leasing details, tenant mix, and financial terms are not provided in the available information.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $133.6k $51.96
    − Vacancy −$13.8k −$5.35
    EGI $119.8k $46.61
    − OpEx −$35.9k −$13.98
    NOI $83.9k $32.63
    2,571 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.20M
    $1.05M – $1.40M (±1% cap)
    NOI $83,881 @ 7.0% cap · market cap 7.46%
    Second Best
    Office B
    $1.05M
    $922.0K – $1.23M (±1% cap)
    NOI $73,756 @ 7.0% cap · market cap 6.56%
    Theoretical Best
    Specialty Retail
    $1.74M
    $1.52M – $2.02M (±1% cap)
    NOI $121,481 @ 7.0% cap · market cap 10.80%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Carousel Learning Academy Daycare Center

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.231174
    Latitude
    25.77744

    FAQs

    What type of property is this?
    Office building - Fully updated corner building with flexible retail/office zoning for a range of owner-user and investment strategies.
    Where is this office building located?
    The property is located at 470 NW 22nd Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: Fully updated 2,571 SF freestanding retail/office building; Located on a 0.13‑acre corner lot; Year built: 1952
    More about this property
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