540 NE 63rd Street, Miami FL 33138
Fausto Commercial is pleased to present 540 NE 63rd Street, a 5 unit multifamily property located in Miami’s MIMO (Miami Modern). The building is conveniently located in a central area with close proximity to some of Miami’s most desirable locations such as the Miami Design District, Wynwood art district, South Beach, Downtown Miami & Little Havana which are just a few minutes away.
The property is at a walking distance of the Magic City Innovation District located in the MiMo District. The 15 acre development will attract technology companies and retailers. The $1 billion project will be developed in multiple phases over several years with the beginning focused on repurposing existing dilapidated factory space. It will be 170,000 SF of industrial space would be converted to commercial and retail use, with plans for an office tower, amphitheater and apartments.