1806 SW 22 Ave, Miami, FL 33145

For Sale

1806 SW 22nd Ave

1806 SW 22 Ave, Miami, FL 33145 1806 SW 22 Ave

City:Miami

Land area:2587 SF

Property Status: For Sale

Adriano Salucci adriano@apexcapitalrealty.com

Felipe Escobar felipe@apexcapitalrealty.com

Price $898,000

Property Summary

Zoning: T4-L

Allowable Uses: Food services, general commercial, residential

Cap Rate: 6.42%

Description Apex Capital Realty is pleased to offer the opportunity to acquire a free standing retail building located in the Shenandoah neighborhood of Miami. 1806 SW 22 Ave is located a few blocks from Coral Way (22nd Street) and less than a mile from South Dixie Highway. This building contains retail space for up to two tenants, and sits on a 4,750 SF of land and contains 2,587 SF of leasable space.

The property is occupied by two separate tenants which generate a total of $57,828.48 in yearly Net Operating Income. Option period per the leases, will go to fair market value once initial term expires.

Lot & Building Size Breakdown:

Building Size: 2,587 SF

Lot Size: 4,750 SF