8051 Ne 2nd Ave, Miami, FL 33138

Property Description

Leoni Real Estate Corporation is proud to present a rare opportunity to acquire 8051 NE 2nd Avenue, a value-add retail property in the heart of Little River, one of Miami’s most active neighborhoods. The property sits directly on NE 2nd Avenue, the neighborhood’s main commercial corridor. Directly across the street are Ebb & Flow, The Citadel and Magie Wine Bar, and the property is surrounded by local favorites including Sunny’s, Wild Thing, Bar Bucce, Foog’s, Ogawa, Imperial Moto Cafe and La Natural. Little River keeps drawing new restaurants, creative tenants and residential development. The site is minutes from the Design District, Wynwood, El Portal and Miami Shores, with quick access to NE 79th Street, Biscayne Boulevard and I-95. The 2,556 SF building sits on a 3,414 SF lot and is split into two retail units. With one space vacant and in-place rents below market, a buyer can add value right away by leasing up and bringing rents to market. T6-8-O zoning gives the site long-term upside, allowing up to 8 stories and 12 residential units by right. Permitted uses include entertainment, food service, place of assembly, office and religious.