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5220 Biscayne Blvd
1.23 Acres of Residential Land Offered at $18,900,000 in Miami, FL 33137
Investment Highlights
- Maximum density of 1,000 units/acre, an FLR of 36, and a maximum permitted height of 24 stories.
- 311 Feet on Biscayne Blvd
- Unobstructed Views
Executive Summary
Property Facts
| Price | $18,900,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Redevelopment Project | Total Lot Size | 1.23 AC |
| No. Lots | 1 |
| Price | $18,900,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.23 AC |
1 Lot Available
Lot
| Price | $18,900,000 | Lot Size | 1.23 AC |
| Price Per AC | $15,365,853.66 |
| Price | $18,900,000 |
| Price Per AC | $15,365,853.66 |
| Lot Size | 1.23 AC |
The property may be developed pursuant to the Florida Live Local Act which would allow for a maximum density of 1,000 units/acre, an FLR of 36, and a maximum permitted height of 24 stories or 1,937,952 buildable square footage = $9,950 per unit!
Description
Development opportunity in prime location, this is a rare opportunity to secure a presence in one of Miami's most sought-after areas.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $8,074,800 | Total Assessment | $8,074,800 |
PROPERTY TAXES
zoning
| Zoning Code | C-1 (Florida Live Local Act would allow for a maximum density of 1,000 units/acre, an FLR of 36, and a maximum permitted height of 24 stories.) |
| C-1 (Florida Live Local Act would allow for a maximum density of 1,000 units/acre, an FLR of 36, and a maximum permitted height of 24 stories.) |
Presented by
5220 Biscayne Blvd
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