$18,750,000

About this property

Gridline Properties is pleased to present Aventura Pointe, a trophy covered land opportunity consisting of ±1.86 acres across three contiguous folios located at 2655 & 2660 NE 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 to three 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 either an 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-floor retail, significantly reducing entitlement risk and enabling a buyer to move directly into the development phase.? Additionally, the property’s UC-MCI zoning permits a wide range of uses including multifamily, healthcare, oce, retail, industrial, and mixed-use development, making this one of the most flexible and execution-ready covered land opportunities in the Aventura market.?