Covered land assemblage in Edgewater containing 4 parcels, a total of 0.57 acres & spans a full city block of Biscayne Blvd, Including a 14,000 SF office building that can be leased in the interim to provide substantial
holdover income until a future project is recognized. Additionally, there are 2 existing multi-family buildings totaling 5,230 SF. of leasable area, plus a parcel of vacant land in the center of the assemblage which can support parking for any of the buildings.
Located within a Qualified Opportunity Zone and zoned T6-36A-O (the max. height and density allowed in the neighborhood), the assemblage allows a developer to build up to 36 stories and 85 multi-family units OR a mixed-use project containing 171 hotel keys and ground-floor retail, all of which are before bonuses.