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Retail or Mixed Use Development Land

$5,900,000

8699 Biscayne Blvd, Miami, FL 33138

Active
Last Updated: 04/03/2025

5.03

Cap Rate

342,000

NOI

Details:
Cap Rate:    5.03%
NOI:    $342,000
Lot Area:    0.7565 acres
Highlights:
  • Potential development: 75 units
  • Retail or residential development
  • 32,952 SF of total land between 5 folios
  • 2 T6-8 Zoning Districts
  • Ground lease option: $350K Base Rent + NNN
  • Possibility to do a ground lease for qualified national tenants
Description:

FA Commercial presents 8699 Biscayne Blvd, a 32,952 SF corner land in Miami for sale. The land, featuring 155' of frontage on Biscayne Blvd, is ready for development. The land is located within walking distance of the districts of Miami Shores, Upper East Side, and Little River. The land is within 10 to 15 minutes of Miami Design District, Wynwood, Midtown, and Brickell.

Discover the vibrant neighborhood surrounding the property at 8699 Biscayne Blvd. Located in the bustling heart of Miami, this prime location offers a unique blend of urban energy and coastal charm. Just moments away from the azure waters of Biscayne Bay, the area is surrounded by upscale dining, eclectic entertainment options, and stylish shopping destinations. Nearby points of interest include the MiMo Historic District, the beautiful Baywood Park, and the Miami Ironside creative complex. This is an enticing opportunity for land/other investors looking to capitalize on Miami's dynamic real estate market.

Fa Commercial presents an off-market land found near Biscayne Blvd in Miami. The land is located within walking distance of the districts of Miami Shores, Upper East Side, and Little River. The land is within 10-15 minutes from Miami Design District, Wynwood, Midtown, and Brickell.

Map:
Documents:
Title
8699 Biscayne Miami v7.mp4
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Retail_or_Mixed_Use_Development_Land_-__8699_Biscayne_Land_-_FA_Commercial.pdf
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