Metro 1 Commercial is proud to present 300-320 NE 60 St, Miami, FL (“The Property”) for sale. The Property features three warehouses, recently built in 2017, with a total of 18,895 SF of building on a 25,000 SF lot.
Located across from the Master-Planned Magic City Innovation District - Little Haiti in Little River/Little Haiti, a rapidly growing neighborhood currently undergoing a transformation from industrial to creative office, retail, restaurants, breweries, showrooms, and other creative uses, as well as incoming vertical mixed-use developments.
Recently named the coolest neighborhood in Miami by Timeout Magazine, Little River/Little Haiti is home to Miami’s best restaurant, Sunny’s Steakhouse; one of the city’s top entertainment venues, ZeyZey; the largest padel club in the US, Ultra Padel; Michelin-starred restaurant Boia De; and Bib Gourmand restaurant La Natural. Other cool businesses include Imperial Moto Cafe, Fooq’s, Magic 13 Brewing Co., Citadel Food Hall, Magie, Tran An, Raw Fit, Mid’s Market, Counter Culture Coffee, Eliou, Ogawa, Bar Bucce, Fiorito, and 727 Pilates, to name a few.
On the horizon, several master-planned projects and individual developers are set to break ground on vertical mixed-use developments. The Magic City Innovation District Little Haiti is about to break ground with Sixty Uptown, located directly across the street from The Property. Sixty Uptown will feature 349 luxury rental units. AJ Capital is planning a massive mixed-use project in the 27 acres they own, which currently house a number of the concepts previously mentioned. Cedar Street has just broken ground on its first Florida project in the neighborhood, featuring 191 design-forward units. Additional projects are also in progress, including Swerdlow’s mega project, Yakol’s HOUSE by Shigeru Ban, and Midtown Capital’s 348-unit project.
This presents an opportunity to acquire a property with stabilized cash flow while the surrounding area continues to evolve, allowing for a future redevelopment with improved rents or vertical development.