Commercial property in Miami, Florida № 2080894

Property description

Opportunity to purchase a prime development lot in a rapidly emerging neighborhood. 159 NE 64 Street is located between the Magic City Innovation District and the red hot Little River market, locations tapped by pioneering investors to undergo a Wynwood like transformation. The lot allows development up to 5 stories and 29 residential units as well as office, hotel, and certain retail uses. The immediate neighborhood has seen the introduction of a wide variety of neighborhood changing occupants such as trendy entertainment venues, fitness facilities, a local favorite steak house, a popular Padel Ball club, and even a Michelin Star restaurant, among others. This boutique development site offers a savvy developer or investor the chance to bank in on the future appreciation of Miami’s fastest growing neighborhood.