8500 Biscayne Blvd Miami, FL 33138

This exceptional 16-acre mixed-use development opportunity is located in Miami's El Portal neighborhood, at 8500 Biscayne Boulevard, near 79th Street. The property boasts a prime location with excellent access to Biscayne Boulevard, providing convenient north-south and east-west connectivity to Miami Beach and I-95. Access is available from three streets: Biscayne Boulevard, NW 83rd Street, and NW 87th Street. The site is zoned T6-8-O & T5, allowing for a wide range of development possibilities. This significant parcel is situated approximately 5 miles north of Downtown Miami and directly north of the MiMo and Design District neighborhoods, benefiting from the surrounding dense residential environment and existing retail infrastructure. The property's strategic location is further enhanced by its proximity to the rapidly expanding Magic City Innovation District, which includes over 700 new multifamily units and hotel rooms, and nearly 3 million square feet of new office and commercial space within a 1.5-mile radius. This court-ordered auction presents a unique chance to acquire a substantial development site in a thriving Miami location. The auction is scheduled for January 15th, 2025. Pre-bid deposits and proof of funds are required by January 10th, 2025. The APN numbers are 01-3207-020-0261; 01-3207-020-0271; 18-3207-020-0280; 18-3207-020-0260; 18-3207-020-0270; 18-3207-020-0120. The starting bid is $35 million.