315-333 NE 23rd St - Commercial LAND FOR SALE


Miami, FL 33137- Edgewater23,640 SF
$21,500,000 USD
305-496-8400
315-333 NE 23rd St, Miami, FL for Sale
$21,500,000 USD
Commercial LAND - FOR SALE
1/12
23,640 SF

315-333 NE 23rd St
Miami, FL 33137
Edgewater


HIGHLIGHTS

  • Prime Biscayne Boulevard Development Site — ±23,639 SF high-exposure infill assemblage
  • High-Density T6-36a-O Zoning with 397,135 SF of FAR Development Potential
  • Alternative Hotel Development Strategy
  • Exceptional Biscayne Boulevard Exposure more than 40,000 vehicles daily

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$21,500,000 USD

PRICE/ACRE

$39,618,410/AC

PRICE/SF

$910 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Development Site in Edgewater Biscayne Blvd

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units - Condo, Hotel

LAND ACRES

0.54 AC

LAND SF

23,639 SF

OFFSITE IMPROVEMENTS

-

ZONING

T6-36a-O

APN/PARCEL ID

01-3230-026-0310,01-3230-026-0400,01-3230-026-0410

ASK ABOUT THIS PROPERTY

Louis McMillianGlobal Investments Realty, Inc.More Info
305-496-8400

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Louis McMillianGlobal Investments Realty, Inc.More Info
305-496-8400

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