1680 NW 22nd Ct - Multi-Family FOR SALE


Miami, FL 33125- Allapattah
$1,170,000 USD
786-208-1044
1680 NW 22nd Ct, Miami, FL for Sale
$1,170,000 USD
Multi-Family - FOR SALE
1/54

1680 NW 22nd Ct
Miami, FL 33125
Allapattah


HIGHLIGHTS

  • $10,000+ Monthly Income – Strong in-place cash flow from a proven long-term + Airbnb rental mix
  • Turnkey Asset – New roof, impact windows/doors, updated kitchens & baths, new plumbing, sewer connection
  • Flexible Unit Mix – Duplex operating as a triplex: (2) 1/1 units + (1) spacious 4/3 unit
  • Value-Add Opportunity – Ability to add a 4th unit, creating immediate upside and higher NOI
  • Ample Parking – 6+ on-site parking spaces, ideal for short-term rentals and tenant demand
  • Prime Allapattah Location – High-demand rental corridor with strong appreciation and redevelopment activity

OVERVIEW

Allapattah Cash-Flow Powerhouse | $10,000+ Monthly Income | Value-Add Upside Positioned in one of Miami’s fastest-growing rental corridors, this high-performing duplex operating as a triplex delivers exceptional in-place cash flow with clear expansion potential. Generating over $10,000 per month, the property offers investors a rare blend of turnkey income, short-term rental flexibility, and future upside—all on a fully fenced 7,000 SF lot with ample parking. The 3,200 SF building features a versatile unit mix with two 1-bedroom/1-bath units and a large 4-bedroom/3-bath unit. One unit is stabilized with a long-term tenant, while the remaining units are successfully operated as Airbnb, allowing investors to maintain a hybrid rental strategy or fully convert to long- or short-term use. Extensive renovations have already been completed, minimizing deferred maintenance and capital risk.

FOR SALE DETAILS

PRICE

$1,170,000 USD

# OF UNITS

3

PRICE/UNIT

$390,000

CAP RATE

8.55%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CAZA AZUL

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7 AC

LAND SF

304,920 SF

ZONING

t3

APN/PARCEL ID

01-3134-027-0280

ASK ABOUT THIS PROPERTY

Damian GonzalezReal Estate Sales ForceMore Info
786-208-1044

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Damian GonzalezReal Estate Sales ForceMore Info
786-208-1044

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.