Metro 1 Brokers Sale of Liberty City Commercial Building
Just closed 1055 NW 62 St for $3.1M. A 13,400 SF building on a 38,000 SF lot marks a continuation of the growth we're seeing in Liberty City.
Liberty City is one of the most culturally rich parts of Miami, and a place that tourists are unlikely to visit.. for now.
The neighborhood carries a story as real and honest as American history itself. Rooted in a sense of family and community, but carrying the weight of racial connotation, inherently giving it a rich sense of culture, vibrance, and a search for liberty and expression. Legend says Martin Luther King recited an early version of his speech “I Have a Dream” at the historic Hampton House.
The Hampton House Motel was an oasis for African-American leaders, activists, performers, and professional athletes, including Dr. Martin Luther King Jr., Sammy Davis Jr., Duke Ellington, Nancy Wilson, Louis Armstrong, Jim Brown, Malcolm X, and Muhammad Ali.
Whereas Overtown was the entertainment district in the Jim Crow Era, Liberty City was the gathering point for civil rights minds of the time.
Few places around the nation carry the cultural significance of Liberty City, making this area ripe for a revitalization driven by its local culture and history.
+ Property Address: 1055 NW 62 St, Miami, FL
+ Purchase Price: $3,100,000
+ Building Size: 13,400 SF
+ Land Size: 38,000 SF
+ Property Type: Commercial
+ Buyer’s Broker: Juan Andrés Nava, Ricardo Lazoff