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Opportunity to Purchase a nearly 16,000 SF boutique development site in Miami’s charming Buena Vista neighborhood. NW 2nd Avenue is a retail oriented corridor with a number of local favorite brands moving there recently. In the surrounding neighborhood, many of the older homes are starting to get renovated and prices are rising sharply, creating a sought after submarket. This part of the neighborhood has been coined as NOW, “North of Wynwood”. 5001 NW 2nd Avenue has proposed plans in progress for a 66 room co-living building, which would fit in well with the young demographic coming into the area. Zoning as of right allows for the development of 12 standard multi-family units as well as retail among other uses.
Listed by Alexandros Tsoulfas, STL Advisors,LLC

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on April 16, 2024

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