Overview

Description

APEX Capital Realty is proud to present a prime covered land assemblage in the core of Edgewater, a neighborhood that is quickly growing into one of Miami’s most popular live-work-play destinations due to its extremely central location connecting Downtown, Midtown, Arts + Entertainment, Design District, and Wynwood, coupled with high-density zoning and height allowances that provide residents with sweeping views of Biscayne Bay and the Miami skyline.
Comprised of five (5) previously assembled parcels, the offering contains a total of 0.70 acres and features frontage spanning a full city block along Biscayne Boulevard. The properties offer a developer the flexibility to develop right away or utilize the substantial existing multi-family and office infrastructure to cash-flow in the interim. Most notably, included in the sale is a sizeable fully-operational office building of nearly 14,000 leasable Sq. Ft. which can be adapted for a retail use or immediately leased to an office tenant. Additionally, there are three (3) existing multi-family buildings totaling 8,151 Sq. Ft. of additional leasable area and a paved parking lot.
Located at the eastern-most edge of a Qualified Opportunity Zone (OZ) and zoned T6-36A-O, the assemblage allows a developer to build up to 36 stories and 103 multi-family units, or 206 hotel keys before bonuses.

Highlights

• Max Height: 36 Stories
• Max. Density: 103 Units or 206 Keys (before bonuses)
• Buildable SF: 363,192 BSF

Documents

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