786-761-1692
340 Biscayne Blvd, Miami, FL for Sale
Hospitality - FOR SALE
1/10
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340 Biscayne Blvd
Miami, FL 33132
Bayfront Park


HIGHLIGHTS

  • Iconic 82-story mixed-use tower planned for luxury residential & hospitality use
  • Includes over 900,000 SF of approved net sellable area within a fully entitled 1.4 million SF gross development (based on existing FAR allocation)
  • Program mix allows flexibility to meet evolving market demand & strategic partnerships
  • Located in a high-growth district with limited future competition
  • Surrounded by new luxury towers, premier retail & expanding commercial corridors
  • Operating Holiday Inn, strong revenue generation until project is ready to break ground

OVERVIEW

Hilco Real Estate Sales is accepting offers until June 16 for this high-intensity mixed-use site that is fully entitled for an 82-story tower with a flexible program that may include residential, hospitality and commercial uses. On-site tours will be held on May 21, 28 & June 4 – by appointment only. Situated at Biscayne Boulevard and NE 4th Street in Downtown Miami, this 0.91± acre site currently hosts the ten-story Holiday Inn Port of Miami. Originally built in 1950 and last renovated in 2015, the property presents a prime location for a luxury residential and hospitality redevelopment. Zoned for high-intensity mixed-use, the site is fully entitled for an 82-story tower with a flexible program that may include residential, hospitality, high-end amenities such as a curated gourmet hall, wellness facilities, co-working spaces, and multiple pools. With unobstructed views of Biscayne Bay, the Port of Miami, and Miami Beach, the project is well-positioned to benefit from the area’s accelerating economic growth— fueled by corporate migration and an expanding base of high-income residents. As one of the last developable parcels in Downtown Miami and the Brickell corridor zoned for this scale, it represents a rare chance to deliver a truly iconic project in the heart of the city. Situated in the heart of Downtown Miami, this prime location is surrounded by luxury mixed-use developments, high-end residential towers and a vibrant waterfront lifestyle. The corridor is rapidly transforming with ultramodern skyscrapers, upscale retail and fine dining, catering to an affluent urban demographic. Notably, the site is positioned between two landmark Waldorf Astoria developments, including the 100-story Waldorf Astoria Residences Miami, which redefines the skyline with branded residences and a five-star hotel. Other prominent nearby projects include Aston Martin Residences, a prestigious waterfront tower, One Thousand Museum, offering exclusive penthouses and resort-style amenities and a luxury tower in Park West, E11EVEN Hotel & Residences. Additionally, the Miami Worldcenter, one of the largest private developments in the U.S., spans 27 acres with luxury condos, hotels, and premier retail. With breathtaking Biscayne Bay views, exceptional walkability to Bayfront Park, Kaseya Center and Brickell City Centre as well as seamless connectivity via Brightline and Metromover, this area represents the pinnacle of Miami’s luxury real estate boom—drawing international investors, celebrities and high-net-worth individuals seeking premier urban waterfront living. Hilco Real Estate Sales has been exclusively retained to lead the international offering of 340 Biscayne—a transformative, fully entitled 82-story mixed-use development with unobstructed views of Biscayne Bay, Miami Beach and the Port of Miami. Recognized for their expertise in structuring and marketing complex, high-value real estate assets, HRE was selected for their proven ability to generate global exposure, attract qualified capital and maximize value.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

200

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Landmark Fully Entitled Development Site

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

10

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1950

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

T6-80-O

APN/PARCEL ID

01-0108-030-1010

ASK ABOUT THIS PROPERTY

Jeff AzuseHilco Real EstateMore Info
786-761-1692

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Jeff AzuseHilco Real EstateMore Info
786-761-1692

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