3350 Biscayne — Sale in Miami, FL
- Price: $6
- Listing type: For sale
- Asset type: Commercial Land
- Location: Miami, FL 33137
- Size: 36,998 SF
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Description
JLL is pleased to exclusively offer the opportunity to acquire the fee simple interest in 3350 Biscayne, a premier 0.85-acre infill development site in Edgewater, Miami, FL. Driven by its superior connectivity to the business centers of Brickell and Downtown, its high walkability, and its proximity to major retail destinations in the Design District, Midtown, and Wynwood, Edgewater has become a magnet for young professionals and families. The resulting residential boom has transformed the neighborhood into one of Miami's most dynamic and sought-after submarkets. 3350 Biscayne is a unique opportunity to pursue a high-intensity development in the neighborhood's premier corridor. The Property is site plan approved for a 499-unit project through the Live Local Act, while base zoning, previously transferred development rights, and the Edgewater Intensity Area bonus allow for as-of-right development of up to 300 residential units. Pursuing a 300-unit project would amount to a reduction in density from the approved plans, streamlining the approval process. Alternative development options include up to 600 hotel keys and 500k+ SF of office space as-of-right. Located in an Opportunity Zone, 3350 Biscayne provides the opportunity for long-term investors to capitalize on the neighborhood's upward trajectory while benefitting from valuable tax incentives.
Market Context
This land in Miami, FL is listed for sale at $6 across 36,998 SF. Compare it against other land listings for sale in Miami, FL — view the full market.
Contact
- Maurice Habif · 3054481610 · maurice.habif@jll.com
- Simon Banke · 9547366606 · simon.banke@jll.com
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