1680 NW 22nd Ct - Multi-Family FOR SALE


Miami, FL 33125- Allapattah | 
$1,075,000 USD
786-208-1044
1680 NW 22nd Ct, Miami, FL for Sale
$1,075,000 USD
Multi-Family - FOR SALE
1/54
null | 9.3% Cap Rate

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

BACK ON MARKET – PRICE REDUCED – MOTIVATED SELLER! Income-producing duplex in Allapattah, currently configured as a triplex, now priced to sell. It offers about 3,200 sq. ft. of living space on a 7,000 sq. ft. fully fenced lot with parking for 6+ vehicles, with two 1/1 units and one 4/3 unit. Updates include a new roof, impact windows and doors, renovated kitchens and baths, and new plumbing, with two electric meters, one water meter, and sewer. In-place rents exceed $10,000/month with upside potential, and the layout is flexible, with potential to add a unit (buyer to verify with municipality). It sits in a high-demand rental area near major roadways, employment centers, and public transit. Bring all offers! Do not disturb tenants. Showings by appointment only.

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$326 USD /SF

# OF UNITS

3

PRICE/UNIT

$358,333

CAP RATE

9.3%

% 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.