For Sale
Call for price

8699 Biscayne BlvdMiami, FL 33138

Prime Miami location, mixed-use potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.76-acre commercial and residential development opportunity is situated at 8699 Biscayne Blvd in Miami, Florida, zip code 33138. The property boasts a substantial 32,952 square feet of land, strategically positioned on a corner lot with 155 feet of frontage on Biscayne Boulevard. Zoned T6-8, it allows for a variety of uses, including hospitality, mixed-use, multifamily, and retail development. The site's prime location offers convenient access to Miami Shores, Upper East Side, and Little River, all within walking distance. Furthermore, it's a short 10-15 minute drive to the Miami Design District, Wynwood, Midtown, and Brickell, providing excellent connectivity to major commercial hubs. The property is comprised of five separate parcels. A ground lease option is available, with a base rent of $350,000 plus NNN charges, presenting an attractive alternative for qualified national tenants. Development potential includes approximately 75 residential units or a significant retail component. This is a rare opportunity to acquire a large, well-located parcel in a rapidly developing area of Miami. The property is ready for immediate development.

Highlights

  • 75-unit residential or retail development potential.
  • 32,952 SF land parcel across five parcels.
  • T6-8 zoning.
  • Ground lease option available: $350,000 base rent plus NNN.
  • Ground lease option for qualified national tenants.

Property Details for 8699 Biscayne Blvd

Property type
Retail properties, Mixed-use properties
Lot Size (sq. ft)
33,106 SF

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.855266605515
Longitude
-80.184982627083
8699 Biscayne Blvd, Miami, Florida

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8699 Biscayne Blvd
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