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$21,500,000

Est. payment - /mo

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0.54 Acres Lot

New

333 NE 23rd ST Miami, FL 33137

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Gemma Peterson

info@floridahomesandloans.com +1(407) 242-7758

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Edgewater

MLS Listing ID A12072319

HOA Y/N No

Annual Tax Amount $128,287

Tax Year 2025

Lot Size 0.540 Acres

Acres 0.54

Property Sub-Type Unimproved Land

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.

Location

State FL

County Miami-dade

Area 4250

Zoning 6405

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Utilities Available Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available

Water Access Desc Public

Present Use Other

Road Frontage Public Road

Building

Lot Description Central Business District, Corner Lot, City Lot

Sewer Public Sewer

Water Public

Schools

Elementary Schools J. C. Mitchell

Middle Schools Boca Raton Community

High Schools Boca Raton

Others

Restrictions City Restrictions

Tax ID 0132300260310

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12072319

Listed by Joel Rodriguez Global Investments Realty

333 NE 23rd ST Miami, FL 33137

Gemma Peterson

Key Details

Location

Interior

Exterior

Building

Schools

Others

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333 NE 23rd ST