Aventura Pointe
Covered Land | 1.86 acres
Marketing description
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.
Investment highlights
- Approved plans for 327 units and 9,750 SF of retail
- 2 Industrial Properties Totaling 36,494 rentable SF
- 1.86 acres of land with extremely versatile zoning
- Located minutes away from Aventura Mall, Aventura Square, Aventura Town Center
- Established Tenants
- Loading Height
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