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$899,000

A rare opportunity to acquire a renovated income-producing property in the heart of Miami’s rapidly transforming Overtown neighborhood, with exceptional long-term redevelopment upside. The property is ideal for an owner-user or investor and benefits from highly desirable T6-8 O zoning, allowing 8 to 12 stories of development as of right. Even more compelling, under Florida’s Live Local Act, developers may have the ability to match the maximum height and density of nearby Miami Worldcenter properties located within a one-mile radius, creating substantial additional development potential. Directly across the street is The Walker, a $21.4 million workforce housing development being spearheaded by the City’s Southeast Overtown/Park West Community Redevelopment Agency and Krea USA, while adjacent to the property sits the historic People's BBQ, currently undergoing redevelopment and expected to reopen soon. Comparable development sites nearby with inferior zoning are listed as high as $1.5 million, highlighting the significant land value opportunity. Positioned within one of Miami’s most active urban redevelopment corridors, this property offers immediate cash flow, substantial entitlement upside, and exposure to a neighborhood benefiting from significant public and private investment.

4 Beds ⋅ 1 Baths ⋅ A12047283 MLS

733 NW 4th Avenue, Miami

$685,000

Experience ownership in Miami's premier entertainment and lifestyle destination at E11EVEN Hotel & Residences. This fully furnished turnkey luxury residence is located in the heart of Downtown Miami's vibrant District 11, steps from world-famous E11EVEN Miami, CLUB SPACE, Giselle Miami, and countless dining, nightlife, and entertainment venues.Ideally situated minutes from Miami Worldcenter, Wynwood, Brickell, the Arts & Entertainment District, Bayside Marketplace, South Beach, and Miami Beach, the property offers exceptional access to everything Miami has to offer. Enjoy year-round events including Miami Heat games, concerts at Kaseya Center, Art Basel, Miami Music Week, Ultra Music Festival, Formula 1 Miami events, the Miami International Boat Show, and major conventions.Designed as a luxury condo-hotel, E11EVEN offers one of Downtown Miami's most desirable ownership opportunities with legal short-term rentals, allowing daily, weekly, monthly, or seasonal leasing without the restrictions typically found in traditional condominiums. This flexible ownership model provides outstanding income potential, strong occupancy opportunities, and exceptional investment value.Whether you're seeking a primary residence, vacation home, or high-performing income property, this rare offering combines luxury living, world-class amenities, and unmatched location in Miami's first true Vegas-style luxury residential experience.

1 Baths ⋅ A12045600 MLS

20 NE 11th Street Unit 4807A, Miami

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