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The Little River Assemblage 4 Properties in Miami, FL
INVESTMENT HIGHLIGHTS
- Assemblage totaling ±128,767 SF in a high-growth corridor
- Live Local Act eligibility for up to 1,000 DU/AC and height bonuses
- Minutes from Design District, MiMo, Wynwood, and major employment hubs
- By-right zoning for 5-story multifamily and mixed-use development
- Transit-oriented location with parking reduction incentives
EXECUTIVE SUMMARY
The Little River Assemblage Portfolio offers a rare opportunity to acquire approximately 2.95 acres of infill land in one of Miami’s most dynamic growth corridors. Strategically located just east of I-95 and minutes from the Design District, MiMo, and Wynwood, this collection of parcels is primed for transformative development. Each site benefits from T5-O or T5-R zoning under Miami 21, enabling mid-rise multifamily and mixed-use projects by right, with additional density and height bonuses available through Florida’s Live Local Act.
Positioned within or adjacent to the Transit Corridor Overlay, the assemblage supports pedestrian-oriented design and parking reductions, enhancing efficiency for developers. The surrounding neighborhood has evolved into a creative and residential hub, anchored by adaptive reuse projects, boutique retail, and cultural landmarks such as The Citadel and Ironside. Connectivity to major arterials—including NE 79th Street, Biscayne Boulevard, and I-95—ensures seamless access to Downtown Miami and the broader metro area.
With strong rental fundamentals, limited infill supply, and administrative approval pathways for qualifying projects, this portfolio represents a scalable platform for market-rate, attainable, or mixed-income housing. Investors can leverage Miami’s sustained population growth, rising household incomes, and robust demand for urban living to deliver a high-impact development aligned with long-term demographic trends.
Positioned within or adjacent to the Transit Corridor Overlay, the assemblage supports pedestrian-oriented design and parking reductions, enhancing efficiency for developers. The surrounding neighborhood has evolved into a creative and residential hub, anchored by adaptive reuse projects, boutique retail, and cultural landmarks such as The Citadel and Ironside. Connectivity to major arterials—including NE 79th Street, Biscayne Boulevard, and I-95—ensures seamless access to Downtown Miami and the broader metro area.
With strong rental fundamentals, limited infill supply, and administrative approval pathways for qualifying projects, this portfolio represents a scalable platform for market-rate, attainable, or mixed-income housing. Investors can leverage Miami’s sustained population growth, rising household incomes, and robust demand for urban living to deliver a high-impact development aligned with long-term demographic trends.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 6,326 SF |
| Number of Properties | 4 | Total Land Area | 0.66 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 6,326 SF |
| Total Land Area | 0.66 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 128 NE 82nd Ter, Miami, FL 33138 | Land | 0.17 AC | - | - |
| 8229 NE 1st Ave, Miami, FL 33138 | Multifamily | 2,749 SF | 1936 | - |
| 8237 NE 1st Ave, Miami, FL 33138 | Multifamily | 2,444 SF | 1937 | - |
| 140 NE 82nd Ter, Miami, FL 33138 | Specialty | 1,133 SF | 1937 | - |
CONTACTS
-
Virgilio Fernandez, CCIM -
Mitash Kripalani, CCIM -
Alain Crego -
Milan Patel -
Cushman & Wakefield
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