159 Ne 64th St, Miami, FL 33138

$1,400,000

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List Price
$1,400,000
MLS#
A11962083
Status
ACTIVE WITH CONTRACT
Type
Commercial

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.

Additional Information

Days on Market
168
Tax Amount
$15,448
Parcel Number
01-31-13-021-0270
Lot Size
19,158
Address
159 Ne 64th St, Miami
Development Name
Emerald Ct 1st Addn
Development
Emerald Ct 1st Addn
Section
13

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Listing Courtesy of STL Advisors, LLC, Contact: