USD 11,950,000

2650 Biscayne Blvd
Miami, Florida 33137

Beds
Baths 0

Property Description

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.

Listed by APEX Capital Realty LLC

Property Details

ID #
A11357590
Status
Sale
Type
Commercial, Land
Zip Code
33137
Lot Area
24,829ft2
Water Source
City/mains water
Fuel Type
Electric
Location
City Location
Lot
Less Than 1 Acre
Road Type
City/County Maintained
Utilities
Internet
Zoning Information
T6-36A-O
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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