Listed by Global Investments Realty
$11,777,000
601 NE 22 Street - Edgewater
Details
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 20,799
Net Rentable (SqFt) 20,799
Units 21
Broker Co-Op Yes
Class C
Year Built 1972
Buildings 1
Stories 5
Lot Size (SqFt) 15,230
Zoning T6-36a-L
Parking Spaces 22 per unit
Investment Type Stabilized
Multifamily | 21 Units
Marketing description
Located in a prime Edgewater neighborhood with stunning waterfront views to the Bay, offers a unique opportunity to redevelop or maintaining these rental apartments. Total lot of 15,230 SF with a five-story apartment building that comprise 21 residential units of 1 bedroom and 1 bathroom. Convenient zoned T6-36a-L, by right, it can be built up to 52 units and 180,760 SF, plus an additional 40% more with Public Benefit. Property is surrounded by several luxury buildings, totaling over 6,000 units. Adjacent to the bay and Biscayne Boulevard, and just few minutes from Midtown, Wynwood, Design District, A&E District, Downtown and Brickell. Income & Expenses and Rent Roll can be provided by inquiry or during the Due Diligence period.
Investment highlights
Located in a prime Edgewater neighborhood with stunning waterfront views to the Bay
Income & Expenses and Rent Roll can be provided by inquiry or during the Due Diligence period.
Listing Contacts
Listed by Global Investments Realty
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