100-118 NE 21st St - Commercial LAND FOR SALE


Miami, FL 33137- Edgewater28,314 SF
$7,950,000 USD
305-399-9283
100-118 NE 21st St, Miami, FL for Sale
$7,950,000 USD
Commercial LAND - FOR SALE
1/6
28,314 SF

100-118 NE 21st St
Miami, FL 33137
Edgewater


HIGHLIGHTS

  • Ideally situated for either market-rate or Live Local project
  • Qualified Opportunity Zone (QOZ) location
  • Competitively priced in high barrier-to-entry neighborhood
  • Southern-most location in Edgewater, blocks from both A+E District and Wynwood
  • Expanded assemblage of 0.65 acres for 97 units by-right

OVERVIEW

Introducing a coveted land development opportunity for a mid-rise or high-rise project in the popular Edgewater neighborhood of Miami. Located at the southernmost quadrant just outside the borders of both the Arts + Entertainment District (OMNI), and only a block from the access road to Wynwood that crosses the train-tracks (one of only a few crossings in the neighborhood). With T6-8-O zoning, a developer can build up to 8 stories and 97 units BY-RIGHT. Plus, with the bonuses available in the Miami-21 zoning code for various public benefits, a developer can exceed this count without applying for a Live Local project, or can opt to pursue a Live Local project for essentially unlimited density, height, and buildable area (more than can feasibly fit on the site). This offering is also very competitively priced for the neighborhood, at $281/Sq. Ft., compared to market averages in the rest of the neighborhood of $300/SF+ for the portion west of NE 2nd Avenue and $450-$600/Land Sq. Ft. in the eastern portion by Biscayne Blvd. Also located within a Qualified Opportunity Zone (QOZ) and abutting the Braman campus within walking distance to Young Arts, the Adrienne Arsht Center, Publix, and more.

FOR SALE DETAILS

PRICE

$7,950,000 USD

PRICE/ACRE

$12,230,769/AC

PRICE/SF

$281 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Prime Edgewater Land Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Apartment Units, Hotel, Religious Facility

LAND ACRES

0.65 AC

LAND SF

28,314 SF

OFFSITE IMPROVEMENTS

-

ZONING

T6-8-O

APN/PARCEL ID

01-3125-016-0270,01-3125-016-0280,01-3125-016-0300

ASK ABOUT THIS PROPERTY

Elina StolyarThe Alpha CommercialMore Info
305-399-9283

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Elina StolyarThe Alpha CommercialMore Info
305-399-9283

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.