5445 & 5501 Biscayne blvd - Commercial LAND FOR SALE


Miami, FL 33137- Upper East Side South363,540 SF
$8,500,000 USD
786-261-5393
5445 & 5501 Biscayne blvd, Miami, FL for Sale
$8,500,000 USD
Commercial LAND - FOR SALE
1/28
363,540 SF

5445 & 5501 Biscayne blvd
Miami, FL 33137
Upper East Side South


OVERVIEW

Zoned T4-O, the site supports a wide range of uses including multifamily, mixed-use, retail, office, and hospitality. The property is also eligible under the Live Local Act, allowing for increased density and reduced parking requirements, significantly enhancing overall development potential. The ±38,800 SF assemblage provides scale and flexibility for developers to design an efficient, market-driven project without the constraints of existing plans, enabling alignment with current construction costs, demand trends, and exit strategies. Positioned along Biscayne Boulevard, the site benefits from strong visibility and exposure to approximately 30,000–40,000 vehicles per day, supporting activation of ground-floor retail and long-term value creation. Preliminary development analysis supports a high-density mixed-use program consisting of residential units, ground-floor retail, and structured parking. Initial underwriting indicates strong projected performance, with attractive yield on cost and IRR potential upon stabilization.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/ACRE

$1,018,485/AC

PRICE/SF

$23 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

HIGH-VISIBILITY BISCAYNE BLVD DEVELOPMENT

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

8.35 AC

LAND SF

363,540 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Robin PerezFausto Commercial Realty ConsultantsMore Info
786-261-5393

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Robin PerezFausto Commercial Realty ConsultantsMore Info
786-261-5393

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