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High-Density Midtown/Biscayne Blvd Development Assemblage

$34,000,000

3350 Biscayne Blvd, Miami, FL 33137

Active
Last Updated: 07/31/2025

752,802 sqft

Building Size

0.8494 acres

Lot Area

Details:
Building Size:    752,802 sqft
Lot Area:    0.8494 acres
Units:    499
Year Built:    2026
Floors:    47
Parking Spots:    620
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 499 Units under Live Local Act
  • 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, strategically located in the vibrant Midtown and Biscayne Corridor submarket of Miami, Florida. This rare six-parcel assemblage spans 36,998 SF (0.85 acres) and is fully entitled for a luxurious 47-story mixed-use condominium tower. Approved by right for 172 units, the site has recently secured application approval for a 499-unit high-rise tower under the Live Local Act, maximizing density with integrated workforce housing incentives. The proposed design encompasses 752,802 SF of buildable area, featuring 5,555 SF of ground-level high-street retail, 620 parking spaces, 41 bicycle spaces, and 5 loading doors, with residential units beginning on the 11th floor. The thoughtfully designed unit mix includes 161 one-bedroom, 81 two-bedroom, 54 three-bedroom units, as well as 196 workforce studio units and 7 workforce one-bedroom units.

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.

Map:
Documents:
Title
June 2025 Marketing Activity Report 3350 Biscayne Blvd
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Lee SFL OM - Midtown Development Assemblage
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Lee_SFL_OM_-_Midtown_Development_Assemblage.pdf
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