1724 22nd St Miami, FL 33142-7442
This exceptional 8,050 square foot warehouse, situated on a 14,000 square foot lot in Miami's Allapattah neighborhood, presents a compelling investment opportunity. Built in 1973 and recently renovated, the property features seven individual bays, each approximately 1,150 square feet, ideal for multiple tenants or a single large operation. Improvements include a new roof, updated lighting, new fencing, upgraded loading doors and windows, fresh paint, and a newly seal-coated lot. The warehouse boasts an 18-foot ceiling height and convenient street-level loading. Small offices are included within the building. The property's central Allapattah location, within the Miami Produce District, offers unparalleled access to major highways, the Port of Miami, Miami International Airport Cargo Center, Downtown Miami, and area beaches. Its strategic position within the Last Mile sector ensures efficient service to the entire urban core. The asking price is $2,700,000, translating to $335.40 per square foot and $385,714.29 per unit. This is a fully secured property with industrial zoning.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
7700:INDUSTRIAL,RESTRICT · Miami, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.