Rare Miami River redevelopment opportunity consisting of approximately 34,596 SF (0.79 acres) with an existing ±7,850 SF building. The property offers strong potential for multifamily, mixed-use, hospitality, restaurant, or owner-user redevelopment in one of Miami’s fastest-growing urban corridors.
Current zoning allows up to 250 units per acre, supporting approximately 197 residential units with potential for up to a 16-story development. Existing improvements can be utilized or redeveloped.
The site is strategically located along the rapidly transforming Miami River corridor with close proximity to Brickell, Downtown Miami, Wynwood, the Health District, Miami International Airport, and major highways. The property would also be an excellent opportunity for a restaurant user or owner-user seeking a presence along the Miami River, which has become one of Miami’s premier dining and entertainment destinations.
Highlights
±34,596 SF (0.79 Acres)
Existing ±7,850 SF building
Up to 250 units per acre
Approx. 197-unit potential
Potential 16-story development
Miami River location
Strong redevelopment corridor
Ideal for restaurant, hospitality, or owner-user
Offered for Sale: $15,000,000
Ground Lease Available: $450,000 NNN (Yearly)