The Alpha Commercial is pleased to present a prime redevelopment opportunity in one of Miami’s most rapidly evolving corridors. Located at the crossroads of Buena Vista, Upper Eastside, MiMo, and Little Haiti, the property sits in the direct path of transformation, benefiting from ongoing investment and surging demand. Zoned for future redevelopment, the site allows for up to 5 stories and 12 units—tripling its current density and positioning it as a strategic long-term hold in a high-growth market. A walker's paradise, the property is steps from some of the area’s most sought-after retail and dining hotspots, including Chica, Crema Cafe, Sushi Sake, and Flora Plant Kitchen. Its prime location, adjacent to Magic City and the newly completed Boulevard project, offers unmatched visibility and connectivity, enhancing both tenant appeal and future development potential. Currently fully occupied and generating stable income, the asset presents an immediate value-add opportunity through targeted interior upgrades, including bathroom renovations and appliance enhancements. With Miami’s short-term rental market booming, investors can capitalize on strong Airbnb-style returns while benefiting from long-term appreciation in one of the city’s most dynamic neighborhoods. NOTE: The property is currently leased at below-market rents. The stated pro forma cap rate reflects projected returns based on achieving market-rate leases.