Office and Retail in the Edgewater submarket of Miami
Located just east of Biscayne Blvd, the subject property is located in the Edgewater submarket of Miami. Edgewater is a high density in fill location that is bay front in proximity.
Dwntwn Realty Advisors has been retained to arrange the sale of 326 NE 29th St, Miami FL.
The subject property is a 3,159 SF office building located on a 7,785 SF lot.
The site presents an opportunity to develop a small mixed use development opportunity.
The property is zoned T6 36a-O, which allows for a total buildable square footage of 94,500 SF. T6-36 zoning also provides a density allowance of 150 units per acre, with a height limit of 36 stories and up to 27 units here.
Additionally, small developments under 10,000 SF do not need to provide parking.
- Free Standing Office Building
- Edgewater Parcel
- Small Infill Development Site
- Flexible Zoning
- Country: United States
- Province / State: Florida
- City / Town: Miami
- Property ID 2914
- Price $2,165,625
- Property Type Business, Development opportunities, Office, Retail
- Property status For sale
- Size 3,159 SqFt
- Units 27
- Zoning T6-36a-0
- Lot Area 7,875 sqft
- Down Payment $1,082,812
- Tenancy Single
- Stories 36
- Loan Amount $1,082,813
- Interest Rate 3.5%
- Term (years) 30