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    3717 22Nd Ave Miami, FL 33142

    For Sale
    Contact for pricing

    Prime Miami location, 62-unit plan approved.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Exceptional development opportunity in Miami, Florida, awaits. This 0.416-acre lot, located at 3717 NW 22nd Ave, Miami, FL 33142 (APN: 01-3122-008-0690), presents a fully approved site plan for a 62-unit residential development. The property boasts a generous 18,120 square feet and is zoned T6-8-0. Situated in the Earlington Heights neighborhood, just south of the airport expressway and one block from NW 36th Street's business district, this location offers excellent accessibility and proximity to amenities. The approved plan includes 27 one-bedroom/one-bathroom units and 35 two-bedroom/one-bathroom units, along with 69 parking spaces, leveraging the nearby Earlington Heights Metrorail station. The property is fenced on NW 22nd Avenue and is surrounded by apartment buildings. A home currently sits on the lot. This project benefits from its location in an Opportunity Zone, offering significant tax advantages for investors. All due diligence materials, including plans, environmental studies, and zoning analysis, are available upon request. This high-demand area, coupled with rising rents, makes this a compelling investment opportunity.

    Property Features for 3717 22Nd Ave

    General Information

    Property type
    Land

    HighLights

    • 0.416‑acre development site in Miami's Earlington Heights neighborhood, with a fully approved plan for a 62‑unit multifamily building.
    • The site plan includes 27 one‑bedroom/one‑bathroom units and 35 two‑bedroom/one‑bathroom units, along with 69 parking spaces.
    • Located at 3717 NW 22nd Ave, Miami, FL 33142 (APN: 01‑3122‑008‑0690), near the Earlington Heights Metrorail station and NW 36th Street's business district.
    • Zoned T6‑8‑0, the 18,120 square foot lot is situated in an Opportunity Zone, offering significant tax advantages.
    • Existing home on site; fenced on NW 22nd Avenue and surrounded by apartment buildings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.23204058667
    Latitude
    25.810675097725

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    FAQs

    What type of property is this?
    Land - Prime Miami location, 62-unit plan approved.
    Where is this land located?
    The property is located at 3717 22Nd Ave Miami, FL.
    What are key features of this property?
    This property features: 0.416-acre development site in Miami's Earlington Heights neighborhood, with a fully approved plan for a 62-unit multifamily building.; The site plan includes 27 one-bedroom/one-bathroom units and 35 two-bedroom/one-bathroom units, along with 69 parking spaces.; Located at 3717 NW 22nd Ave, Miami, FL 33142 (APN: 01-3122-008-0690), near the Earlington Heights Metrorail station and NW 36th Street's business district.
    (786) 423-4662
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    3717 22Nd Ave Miami, FL 33142
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    Miami, FL 33142
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3717 22Nd Ave Miami, FL 33142
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