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Multifamily in Miami, FL 33145
New Shenandoah, 1840 SW 22nd Ter

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Closed
$1,500,000
$400K
Estimate Payment $8,694Closing Costs
Beds
3,704
SqFt
$405
$/SqFt
Sold - Nov 08, 2023
Mid-Tier Multifamily
Built in 1925
Fourplex
Amazing investor income opportunity. Ideally located in a quiet single family neighborhood, just minutes from Coconut Grove, Coral Gables, Key Biscayne, MIA, Downtown & the Beaches. 6 total rental units (5 of the 6 are updated) - all with impact windows, central AC & tile flooring. 4 of the apts. are 1BR/1BA with spacious living area + 2 additional studio apts w/ kitchen. 5850 SF of land provides green space for the tenants or potential for future multi-family new construction (many new developments in the neighborhood). Building is well-maintained with partial roof replacement/ renovation + has recently completed it’s 40 yr. recertification. On site washer/dryer. Multiple parking spots for tenants + unlimited free street parking. Walk to shopping & restaurants on historic Coral Way.
MLS Number: A11402485
On Site: 1216 Days
Updated: 44 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,Electric
        • Cooling Description: CentralAir,Electric
        Building and Construction
        • Floor Description: Tile
        • Windows/Treatment: ImpactGlass
        • Year Built: 1925
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-06-13T11:28:25.000-00:00
          Taxes, Fees & More
          • Taxes: 13314

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          Price History

          Current
          $1.5M
          High
          $1.9M
          Low
          $1.5M
          Total Change
          -21.1%
          $1.9M$1.7M$1.5MJun 23Aug 23Nov 23
          Date
          Event
          Price
          Change
          Price Per
          11/08/2023
          Sold
          $1.5M
          -14.29%
          $405 ft2
          $4,359 m2
          08/01/2023
          Price Reduced
          $1.8M
          -7.89%
          $472 ft2
          $5,086 m2
          06/12/2023
          Listed
          $1.9M
           
          $513 ft2
          $5,521 m2
          11/08/2023
          $1.5M
          Event
          Sold
          Change
          -14.29%
          Price Per
          $405 ft2
          $4,359 m2
          08/01/2023
          $1.8M
          Event
          Price Reduced
          Change
          -7.89%
          Price Per
          $472 ft2
          $5,086 m2
          06/12/2023
          $1.9M
          Event
          Listed
          Price Per
          $513 ft2
          $5,521 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Rebeca Cruz • Compass Florida, LLC • Buyer Agency Compensation .

          Transit & Commute from New Shenandoah

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          32
          Traffic score
          Congested area. Frequent traffic delays
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          86
          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          50
          100
          Bike Score®
          Bikeable. Some bike infrastructure
          69
          100
          Sound Score®
          Bearable noise
          75
          100
          Airport Score
          Close to airports. Noticeable airport activity
          0
          100
          Traffic Score
          Congested area. Frequent traffic delays
          32
          100
          Local Score
          Limited local amenities nearby
          0
          100
          Community Snapshot
          3 – 4 BR
          Bedrooms
          $875K – $1.8M
          Price Tier
          144 - 4,792
          SqFt Range
          1946
          Year Build
          2
          Total Floors

          Subdivision Amenities

          Maintenance

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          The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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