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Buena Vista Portfolio With 5 AM Liquor

4 Properties Offered at $1,900,000 in Miami, FL

Investment Highlights

  • 5am Liquor
  • 19,593 SF On Land
  • Inclusive Of Duplex
  • Sale Leaseback Opportunity

Executive Summary

Unique opportunity to acquire a four-parcel assemblage in Miami’s emerging Buena Vista neighborhood. The portfolio is inclusive of 2 buildings, features 124' of frontage on NW 2nd Ave and totals 19,593 SF on land. The corner building is a two-story mixed-use with full entitlements for use as an F&B establishment with a transferable exception for extended hours of operation; extending closing from 3am to 5am. With approved plans, active permits and continuing restoration underway, the project would be handed over to the next owner to complete. Seller is receptive to a lease-back.
The second building is a duplex consisting of two 4 bed/2 bath apartments. The structure is fully code compliant and was built in 2007. The duplex is fully occupied on one year leases, at below market rates, with a current NOI = $51,200.
*4COP liquor license available for purchase.
Zoned T4-L & T4-R.
Suitable for investor and end user alike.
Proximate to the Design District, Midtown and Wynwood.
Located within the greater contiguous corridor of development spanning Wynwood, Design District, Little Haiti & Little River.

Property Facts

Price $1,900,000
Price / SF $257.17 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 7,388 SF
Total Land Area 0.45 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
225 NW 53rd St, Miami, FL 33127 Multifamily 3,154 SF 2007 -
5300 NW 2nd Ave, Miami, FL 33127 Retail 4,234 SF 1936 -
5318 NW 2nd Ave, Miami, FL 33127 Land 0.16 AC - -
5310 NW 2nd Ave, Miami, FL 33127 Land 0.10 AC - -
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  • Listing ID: 29929515

  • Date on Market: 10/31/2023

  • Last Updated:

  • Address: Buena Vista Portfolio With 5 AM Liquor, Miami, FL

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