- For sale
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.