1401 NE 108th Street, Miami, FL 33161

Listing office Cushman & Wakefield - Miami, Florida v***@fiu.edu Show Phone

Listing date Jun 18, 2026

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Overview

This fully entitled multifamily development site totals 80,198 SF (1.84 acres) and is approved for up to 177 residential units. The property has been fully rezoned from BU-2 Commercial to RMD (Residential Modified District), and the recorded covenant secures development rights. With hard entitlement work complete, a buyer can move directly into design, permitting, and construction.

The assemblage is located at 1401 NE 108th Street as a five-folio purchase just east of Biscayne Boulevard, between NE 108th and NE 109th Streets. The site provides dual street frontage, direct Biscayne Boulevard visibility, and protected eastward views toward Biscayne Bay.

For developers and investors looking to reduce predevelopment risk, the site’s confirmed regulatory framework and recorded rights provide a clear, buildable starting point. CoStar identifies the North Miami Beach submarket as supply-constrained, with vacancy reported at 5.8% and absorption activity exceeding deliveries over the past year, supporting continued renter demand as new supply is brought online.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Miami

County

Miami-Dade

State

Florida

Longitude

-80.168424

Latitude

25.875242

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FAQs

What type of property is this?

Apartment building - Rezoned and approved for up to 177 residential units, with entitlement work completed for an efficient path to construction.

Where is this apartment building located?

The property is located at 1401 NE 108th Street Miami, FL.

What is the asking price?

The asking price for this property is $12,750,000.

What are key features of this property?

This property features: Fully entitled 1.84‑acre multifamily development site totaling 80,198 SF at 1401 NE 108th Street in Miami’s Biscayne Corridor; Rezoned from BU‑2 Commercial to RMD (Residential Modified District) and approved for up to 177 residential units; Hard entitlement work is complete, allowing a purchaser to move directly to design, permitting, and construction