$18,750,000

Gridline Properties is pleased to present Aventura Pointe, a trophy covered landopportunity consisting of ±1.86 acres across three contiguous folios located at 2655 & 2660NE 189th Street, Miami, FL, in the heart of the Aventura submarket.?The property is currently improved with ±36,494 SF of fully occupied commercial space leased tothree established tenants: Armadi Showroom, Habitus Showroom, and Five Star Frame &Alignment.? The existing income provides a buyer with stable in-place cash flow, allowing for eitheran immediate redevelopment opportunity or a covered land strategy prior to breaking ground.?Aventura Pointe is fully approved for a 327-unit multifamily development with ground-floorretail, significantly reducing entitlement risk and enabling a buyer to move directly into thedevelopment phase.? Additionally, the property’s UC-MCI zoning permits a wide range of usesincluding multifamily, healthcare, oce, retail, industrial, and mixed-use development, makingthis one of the most flexible and execution-ready covered land opportunities inthe Aventura market.? Gridline Properties is pleased to present Aventura Pointe, a trophy covered landopportunity consisting of ±1.86 acres across three contiguous folios located at 2655 & 2660NE 189th Street, Miami, FL, in the heart of the Aventura submarket.?The property is currently improved with ±36,494 SF of fully occupied commercial space leased tothree established tenants: Armadi Showroom, Habitus Showroom, and Five Star Frame &Alignment.? The existing income provides a buyer with stable in-place cash flow, allowing for eitheran immediate redevelopment opportunity or a covered land strategy prior to breaking ground.?Aventura Pointe is fully approved for a 327-unit multifamily development with ground-floorretail, significantly reducing entitlement risk and enabling a buyer to move directly into thedevelopment phase.? Additionally, the property’s UC-MCI zoning permits a wide range of usesincluding multifamily, healthcare, oce, retail, industrial, and mixed-use development, makingthis one of the most flexible and execution-ready covered land opportunities inthe Aventura market.?