APARTMENT MARKET
“Heart of Little River”
The Miami Modern District is a regional style
of architecture that developed in South Florida
during the post-war period. Recent
redevelopments have pushed retail rents in
MiMo to $50/SF, as compared to $20/SF five
years ago.
UPPER EAST SIDE
Little River is attracting Miami’s creative class
and urban enthusiasts. There is direct access to
I-95, the beach is easily accessible and only 20
minutes to Miami International Airport.
The Design District has undergone an
exceptional transformation into a center for
fashion, luxury, art design, and culture. Today
retail rents surpass $250/SF and buildings are
trading for $3,000/SF, as compared to retail
rents of $35/ SF and buildings trading at
$300-$400/SF five years ago.
MIMO
LITTLE RIVER
Known for its many colorful murals, Wynwood is
one of the city’s most popular districts.
Wynwood Walls is an outdoor museum
showcasing large-scale works by some of the
world’s best known street artists. In less than 5
years, retail rental rates increased from $20/SF
to $60/SF and land prices increased from $100/
SF to $300-$400/SF. Current residential rents
are among the highest in the city at an average
of $2.75/SF.
103 NE 59TH STREET | OFFERING MEMORANDUM
Edgewater is one of the fastest growing
residential neighborhoods in Miami.
DESIGN DISTRICT
EDGEWATER
WYNWOOD
DOWNTOWN MIAMI
COLLIERS INTERNATIONAL P. 2