Miami, FL 33137

Property

Ownership: For Sale
Type: Unknown
Lot Size: 0.7 Acres

Financials

Price:$7,495,000
Annual Taxes:$106,190
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Compass Florida, LLC

Prime development opportunity in the heart of Miami s urban core.

Description

Prime development opportunity in the heart of Miami’s urban core. 100–118 NE 21st Street is a 28,261 SF (0.65-acre) assemblage zoned T6-8-O, allowing for high-density mixed-use development in one of the city’s most active growth corridors. By right, the site supports approximately 97 residential units within an 8-story envelope and up to ±141,325 buildable SF (5.0 FAR), expandable to ±176,656 SF (6.25 FAR) through public benefits. The property is also eligible under Florida’s Live Local Act, providing the potential for significantly increased density, with conceptual plans ranging from 154 to 253 units and theoretical maximum density up to 648 units, subject to design and compliance. Ground-floor retail activation is supported, making this an ideal mixed-use opportunity. Located between Edgewater, Wynwood, Midtown, and the Design District, the site offers walkable access to major employment, retail, and lifestyle amenities, with immediate connectivity to I-95, Downtown, Brickell, and Miami Beach. Positioned within a Qualified Opportunity Zone and enrolled in Miami-Dade County’s Brownfield Program, the property offers additional tax advantages and development incentives.

Amenities

  • LessThanOneAcre
  • Other

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.