177 NE 50th St, Miami, FL 33137
- Opportunity Zone
- AAA Location- Next to Wynwood and Edgewater
- High Barriers-to-Entry Market
- Gated and Secured Property
- Completely Remodeled/Rehabbed in 2013
- Ample Parking for Tenants
- Stainless Steel Appliances
- Additional address's 169 NE 50th St, 160 NE 50th St, 161 NE 50th St, Miami, FL
Property Description
The total of 4 lots with 30 units adjacent to Upper Buena Vista Miami. Design District Studios is a 23-unit apartment building, 169 NE 50th Street, is a 5-unit mix of 3 Beds/2 Baths, 1 Bed/1 Bath, and three 2 Beds/1 Baths. 161 NE 50th Street is a 2-unit mix of 1 Bed/1 Bath and 4 Beds/2.5 Baths. These addresses are located in Miami, which is in Dade County, Florida. Utilities such as water, sewer, and trash removal are included in the rent. The property was constructed in 1926, and it was completely rehabbed in 2013.
Buildings are located in the Design District neighborhood, just off NE 2nd Avenue. The property is within a one-mile radius of four high schools, three middle schools, six elementary schools, and five bus stops, and is close to two gas stations, two grocery stores, and over 20 restaurants.
Over the past few years, the design district has undergone a major transformation into the ultimate destination for cutting-edge fashion, art, design, and culture. Stores like Bulgari, Celine, Cartier, Giorgio Armani, Givenchy, Tiffany & Co, Valentino, Versace, Louis Vuitton, and Harry Winston are already established in the neighborhood. Still, Design District expects to open the door to 200 additional high-end retail stores in the next few years.
