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2572 NE 184th Ter - The Oaks @ Aventura West Development Site
1.93 Acres of Commercial Land Offered at $12,300,000 in North Miami Beach, FL 33160
Investment Highlights
- Mixed use development site on assemblage of 7 lots front W. Dixie Hwy at 183rd Terrace
- ASPR/Site plan approved and ready for buyer to create MEPS/plans for approval process
- Develop 223 Apartments and/or Hotel or short-term rental in two towers, inclusive of 7 townhomes & retail
- Sherwin Williams existing tenant willing to move back into the retail space upon completion
Executive Summary
• 223 total units comprised of the proposed following unit mix:
• 118 apartments & 3 Live/Work rentals in 13 stories, 7 three-level townhomes w/ roof tops, &
• 95 unit 15-story tower for Hotel or Short-term rentals.
• 3-story parking garage
• 2 pools servicing the residential apartments & hotel guests
• 2 porte-cochère, one each for the residential apartments & hotel guests
• Sherwin-Williams will return to the newly developed retail space of 3,324 SF.
Architecture, Site Plans Submission, & Renderings by
SKLArchitecture Design Associate
Ojus Urban District, Miami-Dade County, nestled next to Aventura and directly adjacent to several key community centers like the new Michael-Ann Russell Jewish Community Center (MARJCC), Scheck Hillel Community School, & Regents Park at Aventura.
Aventura boasts the Aventura Mall, the fourth-largest mall in the United States by total square feet of retail space and the largest mall in Florida. The mall features JCPenney, Macy's, Nordstrom, and Bloomingdale's, in addition to a 24-screen AMC Theatres. Aventura Mall has more than 50 eateries and restaurants as well as an Equinox Luxury Fitness Club.
Participate in the regentrification, surge of growth, & development in the rental & hotel market where rents are strong for multifamily in Ojus & Aventura.
Property Facts
| Price | $12,300,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.93 AC |
| Price | $12,300,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.93 AC |
1 Lot Available
Lot 1
| Price | $12,300,000 | Lot Size | 1.93 AC |
| Price Per AC | $6,388,468.76 |
| Price | $12,300,000 |
| Price Per AC | $6,388,468.76 |
| Lot Size | 1.93 AC |
ASPR-Site/Plan Approved; The Oaks @ Aventura West, Florida a mixed use development on 83,868 SF (1.922 acres) of Land for Apartments, Hotel/Short-term Rental, Townhomes & Retail. Assemblage of seven (7) lots to include frontage at 18336 W Dixie Hwy.
Description
Mixed use development site assemblage of seven (7) lots, near Aventura, Florida. The mixed zoning across the assemblage has allowed for an ASPR/Site Plan approved for Apartments, short-term rentals or hotel, townhomes, and retail. Current improvements on W. Dixie Hwy are in use by tenant Sherwin-Williams. Please see attach OM for full details.
PROPERTY TAXES
| Parcel Number | 30-2203-020-0350 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $368,905 |
PROPERTY TAXES
zoning
| Zoning Code | Mixed (Please see the Site Plan/ASPR submission for the mixed use of zoning allowed on this site.) |
| Mixed (Please see the Site Plan/ASPR submission for the mixed use of zoning allowed on this site.) |
Presented by
2572 NE 184th Ter - The Oaks @ Aventura West Development Site
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