Unprecedented opportunity Acquire entire 18, 781 SF retail portfolio 11 units PLUS Transferable Development Rights TDRs at 1800 Biscayne Plaza, Edgewater.
| Website: | https://www.nestseekers.com/5407839 |
|---|---|
| Address: | Apt: CU1-CU11 Miami, FL 33132 |
| Ownership: | For Sale |
|---|---|
| Type: | Retail |
Financials
Price:$36,000,000
Description
Unprecedented opportunity: Acquire entire 18,781 SF retail portfolio (11 units) PLUS Transferable Development Rights (TDRs) at 1800 Biscayne Plaza, Edgewater. Fully-leased Class A asset anchored by Chase Bank, adjacent to Publix, surface lot, plus exclusive TDRs, air rights, density rights, and FAR entitlements. Prime Biscayne Boulevard corner location with exceptional visibility. Over 10,000 residential units within 1-mile radius. This rare offering combines stable cash flow from established retail tenants with transformational development upside through partial condominium termination rights. Perfect for institutional investors or developers seeking immediate income plus significant value-add redevelopment potential. Control entire commercial component with development rights in Miami's fastest-growing corridor. Turnkey operation with game-changing possibilities.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11998868
Amenities
- FireSprinklerSystem
- SecurityLights
- SmokeDetectors
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of Xfera Realty Group, LLC. | |