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1520 SW 22nd Ave, Miami FL 33145

Multi-family For Sale
$1,550,000

BTC: 24.12451362

ETH: 814.65752849

19 days
0 room(s)
2,484 sqft

Overview

Don't miss this exceptional investment opportunity in the highly desirable Shenandoah neighborhood of Miami. This fully updated fourplex offers four well-appointed units, each thoughtfully renovated with modern finishes, impact windows, and new flooring throughout the interiors and exterior common areas. All four units are fully furnished, making this a true turnkey investment or an ideal option for short- or long-term rentals. Two of the units are currently occupied by month-to-month tenants, providing immediate income while maintaining flexibility for a new owner. Property includes approved plans for a second-story 2-bedroom, 2-bathroom apartment, presenting an outstanding opportunity to increase living space and maximize future rental income. Ideally located just minutes from Miami's vibrant cultural scene, top-rated schools, parks, restaurants, shopping, and major highways, this property combines a prime location with immediate income potential and exceptional future upside.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1924
Lot:
No Data
Heating:
Other
Price/sqft:
$624
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$799,500
$659K – $1.3M
Confidence Low
List vs. estimate
$750K above estimate
List $1,550,000 · +93.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$623
+45.6% vs. city median $428
Based on
16 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $822K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,291
2025
Parking
5 spaces
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    Heating

    • Other

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 01-41-10-002-1050

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $15,291

  • Source details

    • MLS ID: A12052250

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Architectural Style: Attached

    • Living Area: 2484

    • Subdivision Name: GRAPELAND

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Elite Ocean View Realty LLC