$21,500,000
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.
Lot Size
23639 sqft
Property Type
Commercial Land
MLS#
553147065
Area
Edgewater
Days on Market
12
Listing courtesy of Global Investments Realty
This listing was last updated in the MLS on August 17, 2026.
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated August 17, 2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.


