Description

This versatile Miami industrial property presents a compelling redevelopment opportunity, combining strong in-place income with significant long-term upside. The 14,255-square-foot warehouse sits on 0.88 acres, offering immediate stability while allowing investors to unlock future value through redevelopment. Currently leased to Elite Collision Specialists, the asset generates reliable cash flow with a short-term lease that has approximately three years remaining, providing flexibility to reposition or redevelop without long-term tenant constraints. The property benefits from PLMUC zoning, permitting high-density residential, mixed-use, and commercial development, making it a rare opportunity in a high-demand market. Strategically located near Miami International Airport and major transit hubs, and in close proximity to major projects like Miami Freedom Park, the area is experiencing rapid growth and appreciation. With multiple exit strategies, investors can either continue operating the property as an income-producing industrial asset or transform it into a modern mixed-use development, capitalizing on strong market demand and future growth potential.