Industrial Redevelopment Investment Opportunity – Miami
Description
ABOUT THE INVESTMENT
Versatile Industrial Asset with Redevelopment Potential – This Miami industrial redevelopment property offers a well-positioned industrial warehouse with both strong current income and significant long-term upside. The 14,255 SF building, situated on 0.88 acres, provides immediate stability while offering investors the ability to unlock substantial future value through redevelopment.
Attractive Short-Term Lease for Flexibility – Currently leased to Elite Collision Specialists, the property delivers immediate cash flow with a short-term lease that has just three years remaining. This setup provides investors and developers with the flexibility to reposition the asset or prepare for redevelopment in the near future without long-term tenant restrictions.
Exceptional Zoning for High-Density Mixed-Use Development – With PLMUC zoning in place, the property is entitled for high-density residential, mixed-use, and commercial projects. This makes it a rare and highly attractive opportunity for investors seeking to capitalize on Miami’s strong demand for new multifamily and commercial developments.
Strategic Location in a Booming Corridor – Situated in Miami, FL near Miami International Airport and major transit hubs, the property benefits from its proximity to large-scale infrastructure projects and redevelopment initiatives such as Miami Freedom Park. This area is rapidly appreciating and primed for long-term growth.
Flexible Investment with Multiple Exit Strategies – Investors can maintain the property as an income-producing industrial facility in the short term or reposition it into a modern mixed-use project. The combination of strong current income, zoning flexibility, and future demand creates multiple avenues for long-term value creation.
ABOUT THE LOCATION
Highly Desirable Urban Center Location – The property is located within Miami’s Palmer Lake Metropolitan Urban Center (PLMUC), a rapidly transforming district undergoing extensive redevelopment and infrastructure improvements.
Minutes from Miami International Airport – As one of the country’s busiest airports and a premier logistics hub, Miami International Airport continues to drive demand for industrial, commercial, and mixed-use development in the surrounding area.
Prime for Redevelopment – PLMUC zoning allows for future mixed-use and high-density projects, offering investors a unique opportunity to reposition the site into a large-scale multifamily or commercial development.
Surrounded by Growth – The site benefits from major developments nearby, including Miami Freedom Park (Inter Miami CF Stadium), new multifamily projects, and expanding retail centers. This growth supports strong long-term appreciation.
Strong Accessibility & Infrastructure – The property enjoys convenient access to major highways such as US-27 and I-95, as well as Miami’s public transit system, connecting it to key business districts and residential communities across the city.
Address
Overview
- Property ID 13932
- Price $7,999,999
- Property Type Business, Development opportunities, Industrial, Office, Retail, Warehouse
- Property status For sale
- Year Built 2002
- Size 14,255 SqFt
- Sub Type Commercial, Industrial, Warehouse
- Investment Type Owner/User
- Investment Sub Type Redevelopment Potential
- Class C
- Lease Type NN
- Net Rentable (SqFt) 14,255
- Lot Size (acres) 0.88
- Occupancy 100%
- Buildings 1
- Stories 1
- Zoning PLMUC