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    340 Biscayne Rd Miami, FL

    For Sale
    Contact for pricing

    Approved 82-story mixed-use tower development project for sale.

    Property size:
    1,439,352 SF
    Lot size:
    0.58 Acres

    Property Features for 340 Biscayne Rd

    General Information

    Size
    1,439,352 SF
    Lot size
    0.58 Acres

    Source: Hilco Real Estate - Corporate Agent Jeffrey Azuse

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved Mixed-Use Tower Project

    This offering presents a fully approved development project for an iconic 82-story mixed-use tower, planned for luxury residential and hospitality use. The project includes over 900,000 square feet of approved net sellable area within a fully entitled 1.4 million square foot gross development, based on the existing floor area ratio (FAR) allocation. The program mix allows flexibility to meet evolving market demand and strategic partnerships. The site is located in a high-growth district with limited future competition and offers unobstructed views of Biscayne Bay, the Port of Miami, and Miami Beach. The surrounding area features new luxury towers, premier retail, and expanding commercial corridors. Currently, the site includes an income-generating, operating hotel.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2823063
    Latitude
    25.839203

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    FAQs

    What type of property is this?
    Hotel - Approved 82-story mixed-use tower development project for sale.
    Where is this hotel located?
    The property is located at 340 Biscayne Rd Miami, FL.
    What are key features of this property?
    This property features: - Fully approved development project for an iconic 82-story mixed-use tower.; - Boasting over 900,000 SF of approved net sellable area within a 1.4 million SF gross development.; - Located in a high-growth district with limited future competition.
    (847) 418-2703
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    340 Biscayne Rd Miami, FL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    340 Biscayne Rd Miami, FL
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