Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1852 22Nd Ter Miami, FL 33145

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3029645
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1852 22Nd Ter

    Year built
    1926
    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity presents two beautifully remodeled, four-unit multifamily buildings located at 1852 and 1856 SW 22nd Terrace in Miami, Florida, 33145. Each building boasts four units, offering a total of eight units across both properties. Constructed in 1926, these properties have recently undergone a complete renovation, including fresh paint and other modernizations. The buildings are situated in Miami-Dade County and present a compelling opportunity for investors seeking a strong return. Each building is individually priced at $1,400,000, or both can be purchased together for a combined price of $2,800,000. This presents a unique chance to acquire a substantial multifamily portfolio in a desirable Miami location. The properties are ideally suited for investors looking to capitalize on the robust Miami real estate market. The combined eight units provide a significant rental income stream, making this an attractive proposition for both seasoned and emerging investors. This is a turnkey investment opportunity with immediate potential for strong returns. Don't miss this chance to acquire a well-maintained, high-yield multifamily property in a prime Miami location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.225376
    Latitude
    25.7497488

    Comparable in this City

    • $1,100,000
      2,713 SF

      Miami Duplex: Prime Location

      Kensington Park gem: 2-unit, high-return potential.
      1721 24Th Ter, Miami, FL 33145
      View Details
    • $725,000

      Duplex Home For Sale

      One bedroom, one bath duplex, great income potential.
      3410 SW 13Th Ter, Miami, FL 33145
      View Details
    • $2,199,999

      Mixed-Use Building in High-Demand Area

      Two-story building with commercial and residential units, fully leased.
      2731 SW 22Nd St, Miami, FL 33145
      View Details
    • $1,100,000

      Miami Multifamily Investment Opportunity

      Five-unit apartment building, remodeled, prime location.
      2901 21St St, Miami, FL 33145
      View Details
    • $845,000

      Silver Bluff Triplex Investment Opportunity

      Triplex in Silver Bluff, Miami, with redevelopment potential.
      2835 SW 37Th Ct, Miami, FL 33145
      View Details
    • $1,500,000

      Shenandoah Duplex Investment Opportunity

      Two-story duplex in Shenandoah with income potential.
      2367 SW 19Th St, Miami, FL 33145
      View Details

    Similar Nearby for Sale

    • $1,100,000

      Miami Multifamily Investment Opportunity

      Five-unit apartment building, remodeled, prime location.
      2901 21St St, Miami, FL 33145
      View Details
    • $845,000

      Silver Bluff Triplex Investment Opportunity

      Triplex in Silver Bluff, Miami, with redevelopment potential.
      2835 SW 37Th Ct, Miami, FL 33145
      View Details
    • $1,500,000

      Shenandoah Duplex Investment Opportunity

      Two-story duplex in Shenandoah with income potential.
      2367 SW 19Th St, Miami, FL 33145
      View Details
    • $1,395,000

      Turn-Key Duplex in Miami

      Move-in ready duplex in a desirable Miami neighborhood.
      1618 SW 18Th St, Miami, FL 33145
      View Details
    • $950,000

      Shenandoah Triplex: Investment Opportunity

      Triplex in Miami's Shenandoah neighborhood with income and appreciation potential.
      2385 SW 17Th St, Miami, FL 33145
      View Details
    • $1,100,000
      2,713 SF

      Miami Duplex: Prime Location

      Kensington Park gem: 2-unit, high-return potential.
      1721 24Th Ter, Miami, FL 33145
      View Details

    Similar Nearby for Lease

    • $3,999 /Mo

      Furnished Home in Miami

      Furnished 3-bedroom, 2-bathroom home near Brickell, Coral Gables.
      2453 SW 17Th St, Miami, FL 33145
      View Details
    • $3,200 /Mo

      Shenandoah 2-Bedroom Residence For Rent

      Charming 2-bedroom, 1-bathroom residence in the heart of Shenandoah.
      2131 SW 19Th Ave, Miami, FL 33145
      View Details
    • $3,700 /Mo

      Remodeled Duplex Near Coral Gables

      Charming 3/2 duplex, remodeled, near Coral Gables, Coconut Grove.
      3262 SW 23Rd Ter, Miami, FL 33145
      View Details
    • $2,600 /Mo

      Luxury Apartment in Coral Gables

      Upscale 1-bedroom apartment with city views and modern amenities.
      1501 SW 37Th Ave, Miami, FL 33145
      View Details
    • $3,600 /Mo

      Shenandoah Home with En-Suite Bathrooms

      Centrally located 3/3 home in Shenandoah, Miami.
      2231 SW 14Th St, Miami, FL 33145
      View Details
    • $2,400 /Mo

      Remodeled Duplex with Modern Amenities

      Recently renovated duplex featuring modern amenities and a convenient location.
      3101 SW 19Th St, Miami, FL 33145
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1852 22Nd Ter
    Miami, FL 33145
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.