601 NE 22nd St Miami, FL 33137

Building Details

Year Built

1972

Listing office Global Investments Realty j***@glirealty.com Show Phone

Listing date Apr 1, 2025

Source Exitrealty

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Investment Insights

Based on property information with market context.

Located in the Edgewater neighborhood, this property presents a redevelopment opportunity or the option to maintain the existing rental apartments. The property includes a five-story apartment building comprising 21 residential units, each with 1 bedroom and 1 bathroom. The total lot size is 15,230 square feet. Zoned T6-36a-L, the property allows for construction of up to 52 units and 180,760 square feet by right, with the potential for an additional 40% increase through Public Benefit. The property is situated adjacent to the bay and Biscayne Boulevard, and is near Midtown, Wynwood, the Design District, the Arts & Entertainment District, Downtown, and Brickell. The property is surrounded by several luxury buildings, totaling over 6,000 units.

Key Highlights

• Prime Edgewater location with WATERFRONT VIEWS
• Redevelopment opportunity with T6‑36a‑L zoning allowing up to 52 units by right and 180,760 SF
• Potential for 40% ADDITIONAL DEVELOPMENT WITH PUBLIC BENEFIT

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FAQs

What type of property is this?

Apartment building - Multifamily property in prime Edgewater neighborhood with redevelopment potential.

Where is this apartment building located?

The property is located at 601 NE 22nd St Miami, FL.

What is the asking price?

The asking price for this property is $11,777,000.

What are key features of this property?

This property features: Prime Edgewater location with WATERFRONT VIEWS; Redevelopment opportunity with T6‑36a‑L zoning allowing up to 52 units by right and 180,760 SF; Potential for 40% ADDITIONAL DEVELOPMENT WITH PUBLIC BENEFIT