Offering exceptional visibility to over 67,000 AADT of circulating traffic, this rarely available raw land parcel is ideally suited for a wide range of development options both near and long-term including retail, office, hotel,multi-family and mixed-use projects. Positioned just East of Biscayne Boulevard at the boundary of the Shorecrest, Little… Read More River, and MiMo District neighborhoods, this is the ideal acquisition for buyers to land-bank, build or entitle as the area experiences rapidly increasing development momentum. Surrounded by a mix of both national and mom &pop retailers, the site provides optionality, utility, and even interim income from its temporary F&B program. The combination of strong exposure, functional scale and flexible use potential creates a compelling opportunity for developers and end-users alike to capitalize on continued growth within this rapidly evolving corridor, ahead ofreal value appreciation. INVESTMENT HIGHLIGHTSHigh-Traffic Location: Positioned at the Biscayne Boulevard and NE 79th Street intersection with unmatched visibility and accessibility to circulating traffic in excess of 67,000 AADT.National Retailer Mix w/ Local Charm: Situated opposite an appealing existing tenant pool including Wendy’s, Taco Bell, CVS, as well as local F&B gems like Marky’s Gourmet, Osteria, Battubelin and San Lorenzo Ristorante, with direct proximity to the North Beach Marina.Flexible By-Right Development Potential: Allowing up to 14 units by-right, the site supports a wide range of uses including multifamily, retail, office, hotel, and more – with the area’s staple aesthetic supporting a low-rise mixed-use development program with activated street-level commercial.Growth Corridor + Strong Demand Drivers: Located in the rapidly evolving Little River area touting a massive development pipeline, walkability to neighborhood services, transportation, retail, and dining, and diverse housing options ranging from ultra-luxury to market-rate and affordable. Read Less
Courtesy of The Alpha Commercial Advisors LLC 305-697-7011
Listing Snapshot
Days Online
49
Last Updated
Property Type
Unimproved Land
Lot Size
0.23 Acres
MLS Number
A12010831
30 Days Snapshot Of 33138
$451k
0%
(avg) sold price
116
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
0.23 acres, 9,990 sqft
Property
Zoning: T5-0
Utilities
"Sewer Not Available", "None"
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