159 64Th StMiami, FL 33138

This exceptional 19,158 sq ft commercial lot, located at 159 NE 64th St, Miami, FL 33138, presents a unique investment opportunity in Miami's burgeoning Little River neighborhood. Situated between the Magic City Innovation District and Little River, this T5-L zoned property offers significant development potential. The site allows for the construction of a building up to five stories, accommodating up to 29 residential units, along with office, hotel, or select retail spaces. Priced at $1,540,000 ($99/sq ft), this land parcel is ideally positioned to capitalize on the area's rapid transformation. The surrounding area is experiencing remarkable growth, with the recent addition of diverse businesses including entertainment venues, fitness centers, restaurants (including a Michelin-starred establishment), and a padel ball club. Seller financing is available, making this an attractive proposition for developers and investors seeking to participate in Miami's dynamic real estate market. This boutique development site offers a chance to benefit from the anticipated future appreciation in one of Miami's fastest-growing neighborhoods. The property's strategic location and flexible zoning regulations provide a compelling opportunity for a variety of development projects.