High-Density Midtown/Biscayne Blvd Development Assemblage

Highlights:

• Six-parcel assemblage totaling approximately 36,998.1 SF (0.85 acres)
• Ideally located at the corner of Biscayne Blvd and NE 34th Street in Midtown Miami
• Development site plans available for a 47-story condominium tower
• Approved for 172 units, with 499 Units proposed under Live Local Act with application in process
• 499 total residential units, including luxury and workforce housing for maximum zoning benefits
• 752,802 SF total buildable area with 5,555 SF of ground-floor high street retail
• Residential unit mix: 161 one-bedroom, 81 two-bedroom, 54 three-bedroom units
• 196 workforce studio units and 7 workforce one-bedroom units
• 620 garage parking spaces, 41 bicycle spaces, and 5 loading doors
• Situated in the rapidly growing and highly desirable Midtown and Biscayne Corridor submarket
• Strong demographics and demand for luxury and workforce housing in the area

Description:

Lee & Associates presents an exceptional development opportunity at 3350 Biscayne Blvd in the vibrant Midtown and Biscayne Corridor submarket of Miami, Florida. This prime six-parcel assemblage, totaling approximately 36,998.1 SF (0.85 acres), has development site plans already in place proposing a luxurious 47-story mixed-use condominium tower. With 172 units approved by right, the application is already in process for a 499 unit high-rise tower proposed under the Live Local Act to include workforce housing to maximize benefits. The total proposed buildable area of 752,802 SF includes 5,555 SF of high-street retail at ground level, 620 parking spaces, 41 bicycle spaces, and 5 loading doors, and residential offerings begin on the 11th floor. Units feature a mix of 161 one-bedroom, 81 two-bedroom, and 54 three-bedroom units, and integrates 196 workforce studio units and 7 one-bedroom units under the Live Local Act incentives.

Situated at the corner of Biscayne Blvd and NE 34th Street, this high-profile site offers unparalleled visibility and connectivity. The property is strategically positioned within a dynamic urban district, benefiting from immediate access to major roadways such as I-195 and US-1, linking residents and businesses to Downtown Miami, Miami Beach, and the Design District. The area is a thriving hub for dining, shopping, and entertainment, with high pedestrian traffic and strong demographics supporting a luxury mixed-use development. This premier location ensures a seamless blend of urban convenience and high-end residential living.

Positioned in Miami’s Midtown and Biscayne Corridor submarket, this development site offers superior access to major highways, transit options, and high-end retail and dining. Its central location ensures strong demand for luxury and workforce housing, making it a premier investment opportunity in one of Miami’s most sought-after neighborhoods.

Documents: