7
Map
$340,000
●
House -
For Sale
2722 NW 23rd Ave
Miami, FL 33142
2 Beds
2 Baths
1,300 Ft²
$2,220
Est. Monthly
About This Property
Exceptional development opportunity in the rapidly growing
Allapattah .The existing structure is being sold As-Is, Where-Is.
Please note that the City has notified the property owner that the
current structure must be demolished. This property is zoned T5-0,
allowing for flexible urban development potential in one of Miami's
most active transformation corridors.
Situated along a high-traffic commercial corridor immediately west of Wynwood Arts District, the location offers unmatched proximity to the Health District, Downtown Miami, and major employment centers. The property provides convenient access to SR 836, I-95, and the Airport Expressway, making it ideal for future residential, mixed-use, or commercial redevelopment.
This presents a prime opportunity for redevelopment aligned with the area's ongoing growth and revitalization.
Located within a designated Opportunity Zone, this site offers significant potential tax advantages for qualified investors.
--
Situated along a high-traffic commercial corridor immediately west of Wynwood Arts District, the location offers unmatched proximity to the Health District, Downtown Miami, and major employment centers. The property provides convenient access to SR 836, I-95, and the Airport Expressway, making it ideal for future residential, mixed-use, or commercial redevelopment.
This presents a prime opportunity for redevelopment aligned with the area's ongoing growth and revitalization.
Located within a designated Opportunity Zone, this site offers significant potential tax advantages for qualified investors.
--
Unit Size
1,300 Ft²
Days on Market
206 days
Land Size
0.12 acres
Price per sqft
$262
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1924
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 14 days ago (Miami MLS #A11975736)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2026 | Listed by Florida Realty of Miami Corp | $340,000 | |
| Listed by Florida Realty of Miami Corp | |||
Property Highlights
Parking Details
Has Open Parking
Parking Features: Driveway
Interior Details
Full Bathrooms: 2
Interior Features: First Floor Entry, Garage Apartment
Appliances: Other
Flooring Type: Other
Exterior Details
Square Footage: 1300
Architectural Style: Detached, One Story
Year Built: 1924
Building Name: WESTHAVEN
Building Area Total: 1910
Building Area Units: Square Feet
Construction Materials: Other, Wood Siding
Lot Features: Less Than 1/4 Acre Lot
Lot Size Area: 5400
Lot Size Units: Square Feet
Lot Size Acres: 0.124
Lot Size Square Feet: 5400
Water Source: Municipal Water
Financial Details
Tax Annual Amount: $6,606
Utilities Details
Cooling Type: None
Heating Type: Window/Wall
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northern Miami
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Tatiana Diaz Perera Rodriguez
Florida Realty of Miami Corp
Last Updated: 14 days ago
Data Source: Miami MLS, MLS# A11975736
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Florida Realty of Miami Corp
Last Updated: 14 days ago
Data Source: Miami MLS, MLS# A11975736
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017