Interior
- Bathrooms
- 0
Active · Industrial
$5,800,000
1395 NW 22nd St, Miami, FL 33142
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1954
- Lot size
- 17,493 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Welcome to Allapattah! This former ice factory w/a combined 15,000 SF +/- warehouse sits on a 17,493 SF corner lot of a wide one-way street that is destined to be the main thoroughfare of this exploding district. The building currently consists of 2 easily combinable sections. Space #1 is +/-5,000 SF performing arts studio w/soaring +/- 27’ ceilings that was completely renovated w/new A/C, Electric, Bathrooms, Floors, Lighting & loading dock & currently a circus school. Space #2 is 10,000 SF +/- w/14’ ceilings of mostly wide-open space w/2 offices, a dock height loading dock & an oversized street loading door providing easy access for trucks & deliveries. W/proximity to Wynwood & the Medical Corridor it is uniquely positioned to become the cornerstone of the next great neighborhood.
Property location
Get Directions1395 NW 22nd St, Miami, FL 33142
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Facts & features
Exterior & Structure
- Property type
- Industrial
- Year built
- 1954
- Lot size
- 17,493 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11853466
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$11,352
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $27,495/mo
- Down payment
- $1,450,000
- Loan amount
- $4,350,000
- Annual NOI
- $193,720
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.