305-913-5252
3350 Biscayne blvd, Miami, FL for Sale
Residential LAND - FOR SALE
1/7
37,026 SF

3350 Biscayne blvd
Miami, FL 33137
Midtown Miami


HIGHLIGHTS

  • A rare 0.85-acre infill development opportunity in one of the fastest growing areas of urban Miami.
  • Located in an Opportunity Zone, providing tremendous tax savings for long-term investors.
  • Site plan approved for a 499-unit residential project through the Live Local Act, providing the optionality to pursue additional density
  • Adjacent to Midtown Miami, a 57-acre master-planned mixed-use neighborhood with 350,000 SF of walkable retail.
  • Uniquely positioned for high-density development with up to 300 units available as-of right through bonuses and transferred development rights.
  • The opportunity to build on the success of the nearby FORMA Miami achieving $6.00 PSF rents.

OVERVIEW

Jones Lang LaSalle (“JLL”) is pleased to exclusively offer the opportunity to acquire the fee simple interest in 3350 Biscayne (the “Property” or “Site”), a premier 0.85-acre infill development site in Edgewater, Miami, FL. Driven by its superior connectivity to the business centers of Brickell and Downtown, its high walkability, and its proximity to major retail destinations in the Design District, Midtown, and Wynwood, Edgewater has become a magnet for young professionals and families. The resulting residential boom has transformed the neighborhood into one of Miami’s most dynamic and soughtafter submarkets. 3350 Biscayne is a unique opportunity to pursue a high-intensity development in the neighborhood’s premier corridor. The Property is site plan approved for a 499-unit project through the Live Local Act, while base zoning, previously transferred development rights, and the Edgewater Intensity Area bonus allow for as-of-right development of up to 300 residential units. Pursuing a 300-unit project would amount to a reduction in density from the approved plans, streamlining the approval process. Alternative development options include up to 600 hotel keys and 500k+ SF of office space as-of-right. Bordered by Midtown to the west, the Design District to the north, and Crescent Heights’ multi-block mixed-use project to the south, 3350 Biscayne offers an incoming developer the potential to take center stage in the area’s next wave of development. Located in an Opportunity Zone, 3350 Biscayne provides the opportunity for long-term investors to capitalize on the neighborhood’s upward trajectory while benefitting from valuable tax incentives.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Site Plan Approved / Opportunity Zone (1.0)

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Retail, Office, Mixed Use, Apartment Units, Apartment Units - Condo

LAND ACRES

0.85 AC

LAND SF

37,026 SF

OFFSITE IMPROVEMENTS

-

ZONING

T6-36A-O

APN/PARCEL ID

01-3230-006-0310,01-3230-006-0320,01-3230-006-0330,01-3230-006-0340,01-3230-006-0350,01-3230-006-0360

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305-913-5252

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305-913-5252

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