Zoned Development Land
5445 & 5501 Biscayne Blvd Miami, FL 33137
For Sale
$8,500,000
Commercial land zoned T4-O with redevelopment flexibility, Live Local Act eligibility, and high-volume Biscayne Boulevard exposure.
Lot Size0.89 Acres
Days on Market92
Property Features for 5445 & 5501 Biscayne Blvd
General Information
- Standard status
- Active
- Lot size
- 0.89 Acres
- Property subtype
- Commercial
Listing Agency:
Fausto Commercial Realty Consultants Inc
(754) 204-8236
Listed By:
Benjamin Kunzle · License #A11949355
(754) 204-8236
Source:
Elliman
Added: Apr 24
Changed: Jul 22
Last Checked: Jul 23 at 10:59AM
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 Fausto Commercial Realty Consultants Inc
Investment Insights
Based on property information with market context.
This offering presents development land with the ability to assemble 5501 and 5445 Biscayne Blvd into a combined 38,800 SF footprint. The expanded site area is intended to support greater unit yield and improved project feasibility, with no existing plans in place to allow a developer to tailor a project to current conditions. The property is zoned T4-O and is described as eligible under Florida’s Live Local Act, which may allow developers to increase density and reduce parking requirements.
Strategically positioned on Biscayne Boulevard, the site is stated to benefit from strong visibility and exposure to approximately 30,000–40,000 vehicles per day. The property is located within the MiMo District, an area noted for a curated mix of hospitality, retail, and residential growth. WalkScore is reported as 84 and bikeScore as 63, with a transitScore of 51.
Overall, the property is marketed as a flexible redevelopment parcel supported by zoning and Live Local Act eligibility, with the ability to design around the assembled footprint for a broad range of contemplated uses including multifamily, mixed-use, retail, office, and hospitality.
Strategically positioned on Biscayne Boulevard, the site is stated to benefit from strong visibility and exposure to approximately 30,000–40,000 vehicles per day. The property is located within the MiMo District, an area noted for a curated mix of hospitality, retail, and residential growth. WalkScore is reported as 84 and bikeScore as 63, with a transitScore of 51.
Overall, the property is marketed as a flexible redevelopment parcel supported by zoning and Live Local Act eligibility, with the ability to design around the assembled footprint for a broad range of contemplated uses including multifamily, mixed-use, retail, office, and hospitality.
Key Highlights
- Development site on Biscayne Boulevard with ability to assemble 5501 and 5445 Biscayne Blvd into a combined ±38,800 SF footprint
- Zoned T4‑O, supporting multifamily, mixed‑use, retail, office, and hospitality uses
- Eligible under Miami’s Live Local Act for increased density and reduced parking requirements
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - Commercial land zoned T4-O with redevelopment flexibility, Live Local Act eligibility, and high-volume Biscayne Boulevard exposure.
Where is this commercial land located?
The property is located at 5445 & 5501 Biscayne Blvd Miami, FL.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Development site on Biscayne Boulevard with ability to assemble 5501 and 5445 Biscayne Blvd into a combined ±38,800 SF footprint; Zoned T4‑O, supporting multifamily, mixed‑use, retail, office, and hospitality uses; Eligible under Miami’s Live Local Act for increased density and reduced parking requirements