For Sale
Call for price

8500 Biscayne BlvdMiami, FL 33138

16-acre Miami development site. Court auction.

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • Excellent Biscayne Boulevard location near 79th Street, offering convenient access north/south and east/west to Miami Beach and I-95.
  • Three-street access from Biscayne Boulevard, NW 83rd Street, and NW 87th Street.
  • Located near the rapidly developing Magic City Innovation District, with over 700 new multifamily units/hotel keys and almost 3 million square feet of new office/commercial space within 1.5 miles.

Property Details for 8500 Biscayne Blvd

Property type
Mixed-use properties, Land
Lot Size (sq. ft)
696,960 SF

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.85326088
Longitude
-80.18491647
8500 Biscayne Blvd, Miami, Florida

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8500 Biscayne Blvd
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