This property is located on 164th street abutting the Florida East Coast Rail Road to the east and features unobstructed Biscayne Boulevard exposure. This location provides immediate access neighboring Sunny Isles and Aventura, two of the most desirable and affluent communities in South Florida. The site provides exceptional visibility and exposure with a combined average daily traffic count of more than 120,000 cars on Biscayne Boulevard/U.S. 1 and NE 163rd Street. Immediately east of the property via 163rd Street, Sunny Isles Beach is a city of unparalleled affluence and international acclaim. The area is home to several world renowned headline-grabbing condominium towers featuring average pricing well in excess of $1,500 per square foot. In addition to the renaissance of luxury development, the city of Sunny Isles Beach is also building parks, a community center and improving their infrastructure to lay the groundwork for anticipated future developments and projected 11% population growth over the next five years. Immediately to the north via Biscayne Boulevard, is Aventura, home of one of Miami’s most affluent communities possessing the # 2 mall in the United States, average household income of over $86,000, 100% retail occupancy, and perpetually one of South Florida’s top 5 commercial and residential markets? According to MLS, the average currently listed home price in Aventura is over $1.2 million and the average rent in 2015 is over $2,300.