1001 NE 79th St - Shorecrest Development Opportunity

Blanca Commercial Real Estate, Inc. is pleased to be appointed as the exclusive agent for the sale of the Shorecrest Development Opportunity (“SDO”). This +/- 59,500 SF site offers a rare chance to develop a unique, progressive project in a prime Miami location. While it presents an exceptional opportunity for a new multifamily community in one of Miami’s most sought-after submarkets, its immediate proximity to Biscayne Bay enhances its potential value as a full-service dry dock marina. SDO has plans to build a five-level storage complex that can hold up to 455 vessels and their accompanying trailers, and it rests ½ mile from one of Miami’s most convenient public boat ramps, Pelican Harbor. Due to a drastic increase of boat sales during the pandemic and beyond, members of South Florida’s boating community claim there is a serious lack of boat storage. This distinctive location offers dual benefits, attracting developers seeking to resolve the South Florida housing crunch or to capitalize on the area’s limited docking space availability.