US Bankruptcy Auction - Multi Property Portfolio - Miami, FL
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US Bankruptcy Auction - Multi Property Portfolio - Miami, FL

The Final Bid Price(s) for the Properties shall be determined by competitive bidding at the Auction. The Properties are being sold to the Highest Bidder(s) with the Highest Bid(s) being subject to both the  Debtors/Sellers and the Bankruptcy Court’s final approval and acceptance of price, plus the five  percent (5%) Buyer’s Premium and are subject to the terms and conditions of the Governing Documents. The Final Bid Price(s) will be presented to Bankruptcy Court for final approval via a Sale Hearing scheduled for Tuesday, December 20, 2022 at 9:30 AM ET. |  2.5% Broker Participation of the Final Bid Price          Property Tour Dates: November 30th from 10 AM to 12 PM; and December 7th from 10 AM to 12 PM. *Must RSVP to attend*

BUY ONE OR MORE!

Fisher Auction Company is pleased to present a unique opportunity via Live Auction Event with Real Time Online Bidding that includes 17 Commercial and Residential Properties located in the Little Haiti Opportunity Zone in Miami, Florida. The Portfolio consists of 9 Improved Properties and 8 Vacant Lots.

 

OFFERING HIGHLIGHTS

· Prime Location in the Little Haiti Opportunity Zone Main Corridor along NE 2nd Avenue

· Strategically located near the Major Approved Developments of The Magic City Innovation District, Miami Jewish Health, Avenues School and the Proposed Eastside Ridge

· Ideal Location providing easy access via major thoroughfares to I-95, Miami International Airport, Downtown Miami and Miami Beach

· Little Haiti is poised to be the next hot development market in the Miami MSA with the Design District, Midtown and Wynwood to the South

· 9 Improved Properties include current uses of Office, Retail, Multifamily, Restaurant and Bar

· Properties will be offered in Individual and in Bulk Offerings

· Opportunity Zone location allows for potential to qualify for Tax Incentives and Benefits

· Properties are within the Downtown Little Haiti Cultural District Zoning Overlay which provides for enhanced liquor license opportunities with less stringent distance and parking requirements. See location map on page 23 of the Executive Summary and relative Ordinance reflected in Area Overview in the Due Diligence Package

· Rare Opportunity to own multiple Key Corner Properties in area’s growth and development stage

· T5-O Zoning permitted uses include Multifamily, Hotel, Commercial, Retail, and Office

· All properties are located in Flood Zone X which does not require mandatory flood insurance and have a base elevation of 12+ feet per Surveys

 

For More Information Please Email - info@fisherauction.com