5300 NW 2Nd Ave Miami, FL 33127

This unique opportunity involves acquiring a four-parcel assemblage located in Miami’s emerging Buena Vista neighborhood. The portfolio includes two buildings and features 124 feet of frontage. The total land area is 20,252 square feet. One of the buildings is a 4,586.02 square foot two-story mixed-use structure with full entitlements for use as a food and beverage establishment. It also has a transferable exception for extended hours of operation, allowing closing from 3 AM to 5 AM. Approved plans and active permits are in place, and restoration is underway, with the project to be handed over to the next owner for completion. The second building is a 3,274.9 square foot duplex, constructed in 2007, consisting of two 4-bed/2-bath apartments. The duplex is fully code compliant and currently fully occupied on one-year leases at below-market rates, generating a current net operating income (NOI) of $51,200. The properties are zoned T4-L & T4-R, making them suitable for both investors and end-users. The location is within the greater contiguous corridor of development spanning Wynwood, Design District, Little Haiti, and Little River. The property is located in Miami's Buena Vista neighborhood, one block south of Little Haiti, and proximate to the Design District & Wynwood, with easy access to major thoroughfares. A 4COP liquor license is available for purchase.