Prime Biscayne Boulevard Development Site — ±23,639 SF high-exposure infill assemblage positioned at the prominent corner of NE 23rd Street and Biscayne Boulevard, in the heart of Edgewater's rapidly evolving development corridor.
The property is zoned T6-36a-O, providing significant development flexibility for high-density residential, commercial, or mixed-use development, with zoning permitting buildings of up to 36 stories.
A maximum potential of 162 residential doors, providing developers with substantial scale on a relatively compact urban site. At the asking price, this equates to approximately $133,540 per residential door.
The site is marketed with approximately 397,135 SF of potential FAR, representing an asking price of approximately $54.13 per buildable FAR SF—a key metric for developers evaluating the land basis against replacement and development costs.
The site is surrounded by a significant concentration of residential development, with 6,000+ new residential units within the Edgewater Development Corridor.