
Asking Price
$1,350,000
Bedrooms
1
Bathrooms
0.5
Sq Ft
1
County
Miami-Dade
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Margin
28%
Spread
$67K
ARV
$285K
6 Units
Lot: 16,100 sq ft
3 Folios Included
6 Electric Meters
1 Water Meter
Located in an Opportunity Zone
Details:
Net Cap Rate: 8.59% (Based on Actual NOI from T12)
Proforma Cap Rate: 14.4%+
FULLY RENTED CASH-FLOWING ASSET
+ VALUE-ADD UPSIDE
This income-generating property features:
6 Paying Tenants: Restaurant, Cigar Lounge, Smoke Shop, Game Room/Nail Salon, and 2 Efficiencies• Actual Monthly Income: $10,800• Annual Gross Income: $129,600• Annual Expenses (T12): $13,604• Net Operating Income (NOI): $115,996
WHY THIS IS A NO-BRAINER FOR INVESTORS:
Turnkey cash flow from day one Under-market rents = HUGE VALUE-ADD Potential to increase income to $201,600/year with rent bumps and outdoor activation (food truck lot potential) Proforma NOI: $195,400 → 14.4% Cap Rate Zoned for retail + multifamily with upside in redevelopment, expansion or repositioning.
7525 Northwest 22nd Avenue, Miami
$1,350,000
Property
7525 Northwest 22nd Avenue, Miami, FL, 33147
Luke Roasst
Fix & Flip, DSCR, and Non-QM Loan Specialist
NMLS# 2311093