5445 & 5501 Biscayne

Description

RARE OPPORTUNITY TO ACQUIRE A PREMIER DEVELOPMENT SITE ALONG BISCAYNE BOULEVARD WITH THE ABILITY TO ASSEMBLE 5501 AND 5445 BISCAYNE BLVD INTO A COMBINED ±38,800 SF FOOTPRINT. THE EXPANDED SITE AREA ALLOWS FOR GREATER UNIT YIELD, MORE EFFICIENT DESIGN, AND IMPROVED OVERALL PROJECT FEASIBILITY.ZONED T4-O, THE PROPERTY SUPPORTS A WIDE RANGE OF USES INCLUDING MULTIFAMILY, MIXED-USE, RETAIL, OFFICE, AND HOSPITALITY. THE SITE IS ALSO ELIGIBLE UNDER THE LIVE LOCAL ACT, OFFERING DEVELOPERS THE OPPORTUNITY TO INCREASE DENSITY AND REDUCE PARKING REQUIREMENTS—SIGNIFICANTLY ENHANCING BUILDABLE POTENTIAL AND RETURNS.WITH NO EXISTING PLANS IN PLACE, THE PROPERTY OFFERS MAXIMUM FLEXIBILITY FOR A DEVELOPER TO TAILOR A PROJECT TO CURRENT MARKET CONDITIONS, CONSTRUCTION PRICING, AND TARGET EXIT STRATEGY.STRATEGICALLY POSITIONED ON BISCAYNE BOULEVARD, THE SITE BENEFITS FROM STRONG VISIBILITY AND EXPOSURE TO APPROXIMATELY 30,000–40,000 VEHICLES PER DAY, MAKING IT IDEAL FOR ACTIVATING GROUND-FLOOR RETAIL AND DRIVING LONG-TERM VALUE.LOCATED WITHIN THE MIMO DISTRICT, ONE OF MIAMI’S MOST DYNAMIC AND DESIGN-FORWARD CORRIDORS, THE AREA CONTINUES TO SEE STRONG DEMAND DRIVEN BY ITS CURATED MIX OF HOSPITALITY, RETAIL, AND RESIDENTIAL GROWTH.