$21,500,000
Miami, FL 33137
MLS# A12072319
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Property Description
Prime Biscayne Boulevard Development Site — ±23,639 SF high-exposure infill assemblage positioned at the prominent corner of NE 23rd Street and Biscayne Boulevard, in the heart of Edgewater's rapidly evolving development corridor.The property is zoned T6-36a-O, providing significant development flexibility for high-density residential, commercial, or mixed-use development, with zoning permitting buildings of up to 36 stories.A maximum potential of 162 residential doors, providing developers with substantial scale on a relatively compact urban site. At the asking price, this equates to approximately $133,540 per residential door.The site is marketed with approximately 397,135 SF of potential FAR, representing an asking price of approximately $54.13 per buildable FAR SF—a key metric for developers evaluating the land basis against replacement and development costs.The property offers direct frontage on Biscayne Boulevard with visibility and access to more than 40,000 vehicles daily, providing a significant advantage for future retail, hospitality, residential, or mixed-use development.The site is surrounded by a significant concentration of residential development, with 6,000+ new residential units within the Edgewater Development Corridor.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-08-05
Status: Active
Original List Price: 21500000
List Price: $21,500,000
Current Price: $21,500,000
LP/Acre: 39814814.81
LP/Frontage: 154676.26
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 333
Street Direction Prefix: NE
Street Name: 23rd
Street Suffix: Street
City Name: Miami
Municipal Code: 1
State Or Province: FL
Postal Code: 33137
Postal Code +4: 4926
Postal Zip: 33137
Subdivision Name: EDGEWATER
Area: 4250
Geographic Area: PB02
Elementary School: J. C. Mitchell
Middle Or Junior School: Boca Raton Community
High School: Boca Raton
Parcel Number: 0132300260310
Subdivision Number: 26
Zoning: 6405
Flood Zone: AE
General Property Information
Property Sub Type: Unimproved Land
Lot Size Acres: 0.54
Lot Size Square Feet: 23639
Lot Size Dimensions: 23639
Lot Depth: 170
Lot Frontage: 139
LP/SqFt: 909.51
Financial Information
Tax Year: 2025
Tax Annual Amount: 128287
Tax Legal Description: 30 53 42 EDGEWATER PB 2-31 LOTS 1 & 2 BLK 6 LOT SIZE 110.000 X 115 OR 19270-2603 0900 1
Income and Expenses
Inc/Exp Statement Period: 2025
Price Calculations
Current Price To SqFt: 914.02
Section Details
Parcel Number MLX: 0310
Status Change Information
Major Change Timestamp: 2026-08-05T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-17
Originating Details
Originating System Key: 553147065
Originating System ID: M00000151
Property Features
Comprehensive Plan Use: Central Urban; Urban Commerce
Current Use: Other
Environmental Audit: Unknown
Location of Property: Central Business District; City Location; Corner Unit; Urban Area Development
Possession: Close Of Escrow
Sewer: Public Sewer
Special Information: City Jurisdiction
Utilities: Electricity Available; Phone Available; Sewer Available; Water Available; Irrigation Water Onsite; Trash Removal
Listing Terms: Cash; Conventional
Road Frontage Type: Public Road
Road Responsibility: Public Maintained Road
Water Source: Public
Showing Requirements: Call Listing Agent
Listing Office: Global Investments Realty
Last Updated: September - 10 - 2026
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