- For sale
Colliers, as exclusive listing broker, is pleased to present the opportunity to re-develop a unique transit-oriented core location in Miami’s financial district. The Ninth Street West Brickell Development site is located strategically off 9th Street at 180 SW 9 St, and 160 SW 9th St, Miami. The properties consist of two parcels measuring a total of 0.47 acres across both sites. Site A measures 0.30 acre (13,500 SF) and contains 24 existing units and Site C measures 0.17 acres (7,500 SF). All parcels are located directly on Ninth Street in the Little Havana density overlay, which allows for a high-density development opportunity. The property currently features 24 existing units, which provides income and reduces risk while planning for development.
The sites are zoned T6-24 0, which allows a developer to build up to 9.1 times the property land square footage or 531,258 square feet and 48 stories (including bonuses). The property is an ideal candidate for the development of a new mixed-use tower to capitalize on zoning that allows for a dense development within the city of Miami.
Brickell is undergoing a significant surge in demand for boutique development sites to build mixed-use towers as the city sees increased population growth from other states