Why Miami’s Little River is Attracting Property Investors
Little River is one of the city’s oldest neighborhoods, with a rich history dating back to the early days of Florida’s settlement. The area’s industrial landscape may not be the most appealing from a bird’s-eye view, but on the ground, it’s a different story. With its eclectic mix of culture and easy access to the city’s main arteries, Little River is poised to become the next Wynwood.
A New Era of Development
AJ Capital Partners, a Nashville-based real estate investment firm, is leading the charge in Little River’s transformation. The company’s plans include developing a variety of multi-family apartment projects, designed to bring a human scale to the neighborhood while preserving its character. "With easy access to the city’s main arteries, it’s a neighborhood that blends the best of Miami’s eclectic culture," said Dan Schor, a partner at AJ Capital Partners.
Mixed-Use Properties and Upscale Living
Expect to see garden-style residences, townhouses, and low- and mid-rise apartment buildings emerge in the area. Currently, most Little River listings are fixer-uppers, ranging from a 500-square-foot condo to a 6,534 square-foot riverfront vacant lot. However, local realtor Ramona Bautista of the Keyes Company has reported recent sales in the area.
A Hub for Foodies and Nightlife
Little River’s biggest draw is its dining scene, with top-rated restaurants like Sunny’s Steakhouse and Michelin-rated Ogawa, a 10-seat sushi bar. Another popular spot is the Imperial Moto Cafe, a coffee shop inspired by fast hogs. The area is also home to Fooq’s, a 9,000-square-foot restaurant and nightlife destination.
Conclusion
Little River is an area on the rise, offering a unique blend of culture, history, and potential for growth. With its proximity to the city’s main arteries and its eclectic mix of industries, it’s an attractive option for property investors looking for a piece of the Miami action.
Frequently Asked Questions
Q: Is Little River a safe neighborhood?
A: While it’s still an up-and-coming area, Little River is generally considered safe, with a strong police presence and a growing community.
Q: What kind of properties are available in Little River?
A: Fixer-uppers, multi-family apartments, and townhouses are currently available in the area, with a range of prices to suit different budgets.
Q: What’s the current state of the dining and nightlife scene in Little River?
A: The area is home to top-rated restaurants and bars, with new establishments opening regularly. However, it’s still considered a work in progress, with more development on the way.
