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    10500 Biscayne Blvd Miami Shores, FL 33138

    Sponsored
    For Sale
    $5,250,000

    1.5-Acre Miami Shores Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.5-acre development site, located at 10500 Biscayne Boulevard in Miami Shores, Florida (33138), presents a unique investment opportunity. The property, identified by APN 11-2230-001-0500, is zoned A2, permitting multifamily and lodging uses. Its prime location directly on Biscayne Boulevard offers unparalleled visibility and accessibility, enhanced by a traffic light controlled boulevard entry. The site boasts significant advantages including river frontage with existing dockage piles and a seawall, providing exceptional waterfront potential. A closed street right-of-way adds to the property's exclusivity. Furthermore, a pedestrian passage provides convenient westward access. The property's proximity to the Golf and Country Club of Miami Shores adds to its desirability. A feasibility study, conducted by Architect Dean B. Lewis, further supports the development potential of this remarkable site. The asking price for this exceptional land parcel is $5,250,000. This is a rare opportunity to acquire a significant development site in a highly desirable Miami Shores location.

    Property Features for 10500 Biscayne Blvd

    General Information

    Property type
    Multifamily properties
    Lot Size
    65,340 SF

    HighLights

    • 1.5‑acre development site in Miami Shores, FL (APN 11‑2230‑001‑0500).
    • A2 zoning allows multifamily and lodging development.
    • Prime Biscayne Boulevard location with high visibility and traffic light access.
    • River frontage with existing dockage and seawall.
    • Exclusive closed street right‑of‑way and pedestrian access.
    • Proximity to the Golf and Country Club of Miami Shores.
    Property Profile Location Intelligence

    Current Use by Public Records

    Miami Shores Motel Motel

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami Shores
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1730987
    Latitude
    25.8721396

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    FAQs

    What type of property is this?
    Multifamily property - 1.5-Acre Miami Shores Development Site
    Where is this multifamily property located?
    The property is located at 10500 Biscayne Blvd Miami Shores, FL.
    What is the asking price?
    The asking price for this property is $5,250,000.
    What are key features of this property?
    This property features: 1.5-acre development site in Miami Shores, FL (APN 11-2230-001-0500).; A2 zoning allows multifamily and lodging development.; Prime Biscayne Boulevard location with high visibility and traffic light access.
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    10500 Biscayne Blvd Miami Shores, FL 33138
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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
    10500 Biscayne Blvd Miami Shores, FL 33138
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