Signature Bridge Tower presents a rare opportunity to acquire a fully entitled high-rise multifamily development site in the heart of Miami’s urban core. Located at 1315 NE Miami Court, directly adjacent to the transformative Signature Bridge and Underdeck Park project, the property has received site plan approval for a 50-story residential tower containing 378 multifamily units. The approved development significantly reduces entitlement risk and positions a future developer to move directly toward permitting and vertical construction.
The approved program consists of a 10-story parking and amenity podium supporting a 40-story residential tower above. Residential units begin on Level 11 and continue through Level 49, with amenity spaces located on Level 11 and a rooftop amenity deck on Level 50. The project includes a mix of studio, one-bedroom, and two-bedroom apartments, along with approximately 1,060 square feet of ground-floor retail space designed to activate the streetscape along NE Miami Court.
The property benefits from multiple development incentives, including its location within an Opportunity Zone, RTZ Metromover Subzone zoning, Transit-Oriented Development incentives, and potential Live Local Act advantages. In addition to the approved development rights, the site currently generates holding income from a fully leased 35-unit apartment building, providing cash flow during predevelopment activities. Its proximity to the Adrienne Arsht Center Metromover Station, Brightline MiamiCentral, Kaseya Center, Pérez Art Museum Miami, and Frost Museum of Science