8699 Biscayne Blvd - Commercial LAND FOR SALE


Miami, FL 33138 33,001 SF
$5,750,000 USD
305-710-7722
8699 Biscayne Blvd, Miami, FL for Sale
$5,750,000 USD
Commercial LAND - FOR SALE
1/13
33,001 SF

8699 Biscayne Blvd
Miami, FL 33138


HIGHLIGHTS

  • Highly visible corner at Biscayne Blvd. and 87th Street, a key entry point into the City of Miami.
  • Ideal for retail or residential projects, including potential Live Local development.
  • One-mile average household income exceeds $100,000, ensuring a high-quality customer base.
  • Approximately 150 feet of frontage along Biscayne Blvd for maximum exposure.
  • Over 45,000 vehicles pass daily, offering unmatched visibility and accessibility.
  • Located in a thriving corridor with strong retail and residential demand.

OVERVIEW

Biscayne 87 sits on a hard corner at the gateway to the City of Miami. 8699 Biscayne Boulevard is a premier five-parcel development assemblage offering excellent visibility. The site features approx. 150 linear feet of prime frontage on one of the region’s most critical north-south arteries, capturing a massive daily traffic count of 45,000 to 55,000 vehicles. The two parcels along Biscayne are zoned T6-8, providing an FLR of 5.0 for up to 68,200 buildable square feet across eight floors—ideal for flagship ground-floor retail and 47 residential units. This is complemented by the three eastern parcels zoned T5-O, which support an additional 29 units over five floors. With a combined capacity for 76 units. The site represents a rare opportunity to command a landmark mixed-use presence at the intersection of Miami’s MiMo District and the affluent Miami Shores corridor. The area around 8700 Biscayne Blvd sits in the heart of Miami’s Upper East Side, surrounded by neighborhoods like Morningside, Belle Meade, Shorecrest, and Bay Point, along with nearby Miami Shores and El Portal, all known for treelined streets and waterfront residential character. Just south, you transition into more urban and rapidly developing districts such as the Miami Design District, Buena Vista, Midtown, and Edgewater, which bring retail, luxury development, and high-density residential growth. Overall, this location is a unique blend of quiet historic residential enclaves to the north and east, with increasingly vibrant, mixed-use urban neighborhoods to the south—making it a key transitional corridor along Biscayne Boulevard.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/ACRE

$7,589,997/AC

PRICE/SF

$174 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Biscayne 87

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Apartment Units, Hotel

LAND ACRES

0.76 AC

LAND SF

33,000 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

T6-8 O, T5 R

APN/PARCEL ID

01-3206-028-0880,01-3206-028-0890,01-3206-028-0900,01-3206-028-0901,01-3206-028-0910

ASK ABOUT THIS PROPERTY

Ryan ShawMarcus & MillichapMore Info
305-710-7722

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Ryan ShawMarcus & MillichapMore Info
305-710-7722

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