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NUMBER
OF UNITS
400
acres
1.96
NOI
$400k
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400-Unit Luxury Development Opportunity Connecting Aventura and Sunny Isles
2261 Northeast 164th St., North Miami Beach, FL 33160
Berkadia is pleased to exclusively offer the opportunity to acquire the 164 Biscayne Site. The Site is on the west side of Biscayne Boulevard and 164th Street and offers sweeping water views. The centralized location of the site is less than five minutes from Sunny Isles Beach, Aventura Mall, Oleta River State Park, FIU Biscayne Bay, and dozens of other entertainment, dining and leisure options. The Project will have tremendous eastward bay and ocean views while providing excellent connectivity to U.S.-1 (Biscayne Blvd) and Route 826 and is within ten minutes from I-95.
Opportunity
· Site-Plan Approved 400-unit, 32-story development
· 1.96-acre covered land play
· 38K SF of leased warehouse space
· Existing leases with options to vacate within 12 months
· Ability to offer residents premium water views
· Unrivaled accessibility less than 3 miles from the Golden
Glades Interchange, where six highways converge
· Site neighboring the highly desired Aventura submarket
· Less than five minutes from Sunny Isles Beach
key highlights
Contact us
Yoav Yuhjtman
Senior Director
Yoav.yuhjtman@berkadia.com
786.853.5555
Omar Morales
Associate Director
Omar.Morales@berkadia.com
305.878.2278
Roberto Pesant
Senior Managing Director
roberto.pesant@berkadia.com
305.975.5956
Jaret Turkell
Senior Managing Director
jaret.turkell@berkadia.com
561.573.6140
investment sales
miami
1111 Brickell Ave | Suite 1650
Miami, FL 33131
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
© 2023 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
Boca Raton
5100 Town Center Circle, Suite 550
Boca Raton, Fl 33486
mortgage banking
Scott Wadler
Managing Director
scott.wadler@berkadia.com
561.445.4891
Jose mota
Associate
jose.mota@berkadia.com
561.609.4013
wouter lips
Financial Analyst
Wouter.lips@berkadia.com
305.260.4942
approved project renderings
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