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Investment Highlights

  • Favorable T6-8-O Zoning: High-density urban core designation permitting mixed-use redevelopment up to 8 stories.
  • Unmatched Site Logistics: High-exposure corner lot with 7 assigned, on-site parking spaces—a premium commodity in this submarket.
  • Turnkey Improvements: Robust CBS construction with a durable concrete roof, vinyl floors, and brand-new interior/exterior paint.

Executive Summary

Premium freestanding commercial asset located on a high-visibility corner lot within a rapidly densifying Miami submarket. Featuring flexible T6-8-O urban core mixed-use zoning, this fully updated ±2,571 SF CBS construction building serves as a highly functional owner-user facility or an exceptional covered land play with redevelopment potential for up to 8 stories.
This is a Strategic Urban Core Asset with T6-8-O Redevelopment Upside Situated at 470 NW 22nd Ave. This property represents a rare opportunity to acquire a versatile, freestanding commercial building in Miami. The existing ±2,571 SF structure has been comprehensively remodeled and features a robust CBS build with a concrete roof, 6 private offices/consulting rooms, 2 restrooms, and 7 dedicated on-site parking spaces. For owner-users or investors, the property offers immediate turn-key utility for professional services, medical use, or boutique retail. For developers, the liberal T6-8-O zoning unlocks intensive future development capabilities in a high-traffic corridor. Buyer to independently verify exact density allowances.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,571 SF
Building Class
C
Year Built
1952
Price
$1,598,524 CAD
Price Per SF
$621.75 CAD
Cap Rate
6.83%
NOI
$109,179 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,262 SF
Building FAR
0.43
Lot Size
0.14 AC
Zoning
T6-8-O - Neighborhood Commercial Mixed-Use
Parking
7 Spaces (2.72 Spaces per 1,000 SF Leased)

Amenities

  • Day Care
  • Wheelchair Accessible
Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
01-4103-035-0190
Land Assessment
$728,818 CAD
Improvements Assessment
$146,609 CAD
Total Assessment
$875,427 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 41017327

  • Date on Market: 2026-06-22

  • Last Updated:

  • Address: 470 NW 22nd Ave, Miami, FL 33125

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