Develop Biscayne Boulevard Retail & Residential
Description
Develop up to 3-stories (35 feet) Retail, Residential, Short-term rental, office, or other mixed uses in Biscayne Boulevard, Miami, FL in the MIMO District of Miami’s Upper East Side.
7011 – 7029 Biscayne Blvd is an assemblage of 4 properties on the corner of NE 71st & Biscayne Blvd zoned T5-O totaling 16,734 SF.
May be possible to sell the excess development rights (TDD’s & TDR’s) and use to offset some of the development costs.
Over 141 front feet on Biscayne Blvd with exposure to over 51,000 cars per day.
See attached development scenarios by “Future Vision Studios”.
HIGHLIGHTS
- Develop up to 3 stories or 35′
- Build Retail, Residential, Short-Term rental, office and more
- T5-O Miami 21 Zoning with MIMO overlay
- Potential for 5,000 SF of retail + Residential or Office above
- Sell excess development rights to fund improvements
Address
Overview
- Property ID 7200
- Price $3,500,000
- Property Type Development opportunities
- Property status For sale
- Lot Area 16,734 SQFT
- Construction Status Pre Dev
- Investment Strategy Value Add
- Floors 3