4141 N MIAMI AVENUE

4141 N MIAMI AVENUE

Miami, FL 33127

Status:
Available
Price:
$9,500,000
Net Rentable (SF):
15,901
Year Built:
1961
Lot Size:
9,700

OFFERING MEMORANDUM:

INVESTMENT OVERVIEW

The Porosoff Group is proud to present 4141 N. Miami Ave in Miami’s famed Design District. This free standing 3-story building with 15,901 of rentable area sits on a 9,700 SF lot designated as an Opportunity Zone in one of Miami’s most prominent districts. The property also qualifies for Historic Tax Credits based on the estimated costs of construction.
The existing building is in the process of a complete renovation approved by the Miami Historic Preservation Board. The current ownerhas prepared a modern design for the building with plans, permits,  and all soft costs already approved. A buyer would need to pay
impact fees for any uses other than office. The renderings and plans were provided by award winning Shulman + Associates architecture firm. Renowned construction firm McKenzie was tapped as the builder. Plans currently expired, will need to be reactivated.

INVESTMENT HIGHLIGHTS

  • Opportunity Zone Development
  • Corner lot
  • Walking distance to Midtown, Wynwood & Design District

EXCLUSIVELY LISTED BY

ARTHUR D. POROSOFF

CRE Advisor Multifamily Hospitality Development
NMHC PAC Contributor
Tel: (305) 733-6066
art@porosoff.com
License: FL SL3160379

BARBARA MONTERO

Multifamily Advisor
barbara@porosoff.com
License: FL SL3404553

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