$43,750,000
Miami, FL 33137
MLS# A11774620
Status: Closed
7468 sqft
1 / 7
Property Description
Located in a prime Edgewater neighborhood, next to Biscayne Bay, offers a unique opportunity to redevelop or maintaining these boutiques rental properties. Total lot of 9,000 SF with 10 residential units distributed in 3 stand-alone low-rise buildings, 1 duplex and 2 fourplex. Unit Mix: 2 units of 1 bedroom, 8 units of 2 bedrooms. Convenient zoned T6-36a-L, by right, it can be built up to 30 units or 60 Hotel Rooms, and 151,000 SF, plus an additional 40% more with Public Benefit. Properties are 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, these properties are at the center of the best that Miami can offer.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2025-02-26
Status: Closed
Original List Price: 5270000
Sold Price: $43,750,000
Current Price: $43,750,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Code: 33137
Subdivision Number: 26
Flood Zone: AE
Country: United States
Street Number: 401
Street Direction Prefix: NE
Street Name: 22nd
Street Suffix: Street
State Or Province: FL
Postal Code +4: 5144
Area: 2320
Parcel Number: 0132300260110
Zoning: 4604
General Property Information
Number Of Buildings: 3
Number Of Units Total: 2
Occupant Type: Tenant
Lot Size Area: 9000
Stories Total: 2
Property Sub Type: Multi Family
Building Area Main: 7468
Year Built: 1926
Parking Total: 10
Lot Size Acres: 0.21
Currently Not Used
Ownership Type: Corporation
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Other
Major Change Timestamp: 2026-07-16T04:00:00Z
Major Change Type: Status Change
Status Change Date: 2026-07-27
Under Contract Date: 2026-01-29
Close Date: 2026-07-16
Close Price: 43750000
Parking Features
Assigned: 1
Location of Property
Central Business District: 1
City Location: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Sale Includes
Building: 1
Land: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
City Street: 1
Water Source
Public: 1
Income and Expenses
Occupancy Percentage: 100
Source Of Expenses
Owner Provided: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Contingencies
Other: 1
Buyer Details
Intended Use: Investment
Concessions
Seller Concessions: No
Price Calculations
Current Price To SqFt: 5858.32
Section Details
Parcel Number MLX: 0110
Financial Information
Tax Annual Amount: 44490
Tax Legal Description: 30 53 42 EDGEWATER PB 2-31 W90FT OF LOTS 8 & 9 BLK 2 LOT SIZE 90.000 X 100 OR 18313-2712 1098 1 COC 25547-0442 04 2007 1
Originating Details
Originating System Key: 409388293
Originating System ID: M00000151
Property Features
Location of Property: Central Business District; City Location
Parking Features: Assigned
Possession: Close Of Escrow
Sale Includes: Building; Land
Source Of Expenses: Owner Provided
Construction Materials: CBS
Listing Terms: Cash; Conventional
Road Frontage Type: City Street
Sewer: Public Sewer
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent
Contingencies: Other
Listing Office: Global Investments Realty
Last Updated: July - 27 - 2026
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