WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Fisher Auction Company is pleased to present a unique opportunity via Live Auction Event with Real Time Online Bidding that includes 17 Commercial and Residential Properties located in the Little Haiti Opportunity Zone in Miami, Florida. The Portfolio consists of 9 Improved Properties and 8 Vacant Lots.
The Auction will be held on December 15th at the Sheraton at Miami Airport
OFFERING HIGHLIGHTS
• Prime Location in the Little Haiti Opportunity Zone Main Corridor along NE 2nd Avenue in Miami’s Upper East Side
• Strategically located near the Major Approved Developments of The Magic City Innovation District, Motorsport Tower, Miami Jewish Health, Avenues School and the Proposed Sabal Palm Village
• Ideal Location providing easy access via major thoroughfares to I-95, Miami International Airport, Downtown Miami and Miami Beach
• Little Haiti is poised to be the next hot development market in the Miami MSA with the Design District, Midtown and Wynwood to the South
• 9 Improved Properties include current uses of Office, Retail, Multifamily, Restaurant and Bar
• Properties will be offered in Individual and in Bulk Offerings
• Opportunity Zone location allows for potential to qualify for Tax Incentives and Benefits
• Properties are within the Downtown Little Haiti Cultural District Zoning Overlay which provides for enhanced liquor license opportunities with less stringent distance and parking requirements. See location map on page 23 of the Executive Summary and relative Ordinance reflected in Area Overview in the Due Diligence Package
• Rare Opportunity to own multiple Key Corner Properties in area’s growth and development stage
• T5-O Zoning permitted uses include Multifamily, Hotel, Commercial, Retail, and Office
• All properties are located in Flood Zone X which does not require mandatory flood insurance and have a base elevation of 12+ feet per Surveys
Miami Properties Being Offered – Buy One or More;
1. 6229 NE 2nd Ave | One Story Three Unit Commercial Retail Building
2. 5823 NE 2nd Ave | One Story Commercial Restaurant
3. The 3 Properties Below are as One Unit of Sale
6200 NE 2nd Ave | One Story Commercial Office Building
6212 NE 2nd Ave | Vacant Commercial Lot
165 NE 62nd St | Vacant Commercial Lot
4. 5901 NE 2nd Ave | 2-Story Commercial Retail / Residential Building & Separate Building
5. 5911 NE 2nd Ave | One Story Commercial Office Building
6. 207 NE 59th St | Vacant Commercial Lot
7. 175 NE 55th St | Two Story Multifamily Duplex with Detached Garage
8. 184 NE 56th St | Vacant Commercial Lot
9. 5524 NE 2nd Ave | One Story Commercial Retail Building
10. The 3 Properties Below are as One Unit of Sale
5700 NE 2nd Ave | One Story Six Unit Commercial Building
5716 NE 2nd Ave | Currently utilized for Parking
5720 NE 2nd Ave | Currently utilized for Parking
11. 175 NE 59th St | Vacant Residential Lot
12. The 2 Properties Below are as One Unit of Sale
5900 NE 2nd Ave | Vacant Commercial Lot
185 NE 59th St | Two Story Commercial/3 - Unit Residential Building
