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  • For sale
Land For Sale: 3.22 Acre Development Opportunity on Biscayne Boulevard in Miami - #1
Land For Sale: 3.22 Acre Development Opportunity on Biscayne Boulevard in Miami - #2
Land For Sale: 3.22 Acre Development Opportunity on Biscayne Boulevard in Miami - #3
Land For Sale: 3.22 Acre Development Opportunity on Biscayne Boulevard in Miami - #4
Land For Sale: 3.22 Acre Development Opportunity on Biscayne Boulevard in Miami - #5
Land For Sale: 3.22 Acre Development Opportunity on Biscayne Boulevard in Miami - #6
Land For Sale: 3.22 Acre Development Opportunity on Biscayne Boulevard in Miami - #7
Land For Sale: 3.22 Acre Development Opportunity on Biscayne Boulevard in Miami - #8
Land For Sale: 3.22 Acre Development Opportunity on Biscayne Boulevard in Miami - #9
Land For Sale: 3.22 Acre Development Opportunity on Biscayne Boulevard in Miami - #10
Land For Sale: 3.22 Acre Development Opportunity on Biscayne Boulevard in Miami - #11

For Sale

$10,500,000 USD

Colliers International, as exclusive marketing advisor, is pleased to present the opportunity to acquire the 11240 Biscayne Boulevard Development Site.​ The property consists of one 3.22 acre (140,697 square feet) parcel located with direct frontage on Biscayne Boulevard at 11240 Biscayne Blvd.​



The site is conveniently located on Biscayne Boulevard, which is one of Miami’s main arteries connecting Brickell, Downtown Miami and Edgewater to North Miami and Aventura.​ From the subject property, Miami Beach (Bal Harbour and Surfside), Wynwood and Design District are all within a 15-minute drive.​ Interstate 95 is also accessible through NE 123rd Street just a couple of blocks north of the property.​
 


The site currently has two different zoning designations.​ 94,497 SF (2.17 acres) are zoned RU-3M Multifamily, which allows for the development of 10-21 units per acre.​ The remaining 46,200 SF (1.06 acres) are zoned BU-1A commercial zoning.​ Both zoning codes allow for the development of multiple uses including residential, hotel, office and commercial.​