Commercial Sale · Income/MultiFamily
601 NE 22nd St, Miami FL 33137, MIAMI, FL, 33137
Active531 days on marketListed Feb 26, 2025MLS #A11774630
About this property
The property at a glance
Located in a prime Edgewater neighborhood with stunning waterfront views to the Bay, offers a unique opportunity to redevelop or maintaining these rental apartments. Total lot of 15,230 SF with a five-story apartment building that comprise 21 residential units of 1 bedroom and 1 bathroom. Convenient zoned T6-36a-L, by right, it can be built up to 52 units and 180,760 SF, plus an additional 40% more with Public Benefit. Property is surrounded by several luxury buildings, totaling over 6,000 units. Adjacent to the bay and Biscayne Boulevard, and just few minutes from Midtown, Wynwood, Design District, A&E District, Downtown and Brickell. Income & Expenses and Rent Roll can be provided by inquiry or during the Due Diligence period.
20,799
Building sq ft
$566
Price / sq ft
15,230
Lot sq ft
1972
Year built
1
Building
4604
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$60,308/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
19,496
Population
$117,257
Median income
35
Median age
2
Avg household
$420,344
Median home value
$2,485/mo
Median rent
1,579
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.
Looking good and reaching fitness goals is all about discipline: Eat right. Work hard. No excuses. This population is more likely to view working out as a means to an end.
Seeking peace and well-being through meditation, gratitude and spirituality.
Recent sales
What actually sold near 601 NE 22nd St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,050,000
1751 NW 29th St, Miami FL 33142
Sold Aug 19, 2024
$2,200,000
Nearby listing
Sold Aug 20, 2024
$895,000
7525 NE Miami Ct, Miami FL 33138
Sold Sep 5, 2024
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 601 NE 22nd St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 601 NE 22nd St.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Global Investments Realty · Joel Rodriguez. MLS #A11774630.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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