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High-Density Multifamily Development Site
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404 NE 35th St, Miami, FL 33137

Fee simple assembled site across six parcels between Biscayne Blvd and Biscayne Bay, including historic and water-sited apartment components.

Property SizeContact for details
Lot Size0.83 Acres
Days on Market125

Property Features for 404 NE 35th St

General Information

Standard status Active
Lot size 0.83 Acres
Property subtype Retail, Land
Listing Agency: Marcus & Millichap - Miami
Listed By: Ryan Shaw · License #FL SL3046910
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 12:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Miami

Investment Insights

Based on property information with market context.

Fee simple interest in The Vine on NE 35th Street, a 36,000-square-foot high-density development site assembled over six parcels along NE 35th Street between Biscayne Blvd and Biscayne Bay (the water).

Two parcels are located between the eastern edge of the property and Biscayne Bay. The first, approximately 12,000 square feet, is part of Bay Oaks Home for the Aged and has been designated historic by the Miami Historic Preservation Division, meaning the Bay Oaks property cannot be developed. The second is Hamilton on the Bay, a 271-unit apartment building that sits on the water. Bay Oaks grounds also run along the south edge of the property line fronting NE 34th Street.

Hamilton on the Bay is described as ship-shaped and sits in the middle of the block, which is stated to support direct east water views for development on the subject property.

Key Highlights

  • Fee simple interest in 36,000 SF high‑density development site at 404‑436 NE 35th Street, Miami, FL 33137.
  • Assembled over 6 parcels on NE 35th Street between Biscayne Blvd and Biscayne Bay (water).
  • Two eastern water‑adjacent parcels include approx. 12,000 SF Bay Oaks Home for the Aged and Hamilton on the Bay, a 271‑unit apartment building on the water.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Mobile Phone Store Butcher Buffet Restaurant Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,100
Businesses Nearby

Demographics for 33137, FL

25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fee simple assembled site across six parcels between Biscayne Blvd and Biscayne Bay, including historic and water-sited apartment components.
Where is this apartment building located?
The property is located at 404 NE 35th St Miami, FL.
What are key features of this property?
This property features: Fee simple interest in 36,000 SF high‑density development site at 404‑436 NE 35th Street, Miami, FL 33137.; Assembled over 6 parcels on NE 35th Street between Biscayne Blvd and Biscayne Bay (water).; Two eastern water‑adjacent parcels include approx. 12,000 SF Bay Oaks Home for the Aged and Hamilton on the Bay, a 271‑unit apartment building on the water.
(786) 522-7000 Call to check price and availability
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