INVESTMENT SUMMARY
Investment Summary
Collier’s International is pleased to offer this unique opportunity to acquire The Lemon City Apartments, a
recently renovated 17-unit apartment building located right off Little Haiti and west of Biscayne Boulevard
on N.E 59th Street. The property represents a great investment opportunity where future owners can
capitalize on the booming apartment rental market and economic improvement in the area by increasing
unit rents to its full potential.
Little Haiti is located just north of Miami’s Design District and Wynwood arts district. This area is currently
experiencing a transformation, as galleries, restaurants ,shops and new developments are gravitating to
this exciting and creative neighborhood. Some of the major projects planned for Little Haiti include the 22
acre Eastside Ridge Development and the transformative Magic City Innovation District.
Address 103 NE 59th Street, Miami, FL
Zoning designation R-2, Miami
Site Area 7,227 SF
Acres 0.15 AC
Number of Parcels 1
Parcel numbers 01-3113-051-0090
Units 17
Average Unit Size 425 SF
Parking Spaces 5
Price $2,300,000
103 NE 59TH STREET | OFFERING MEMORANDUM
COLLIERS INTERNATIONAL P. 5