10500 Biscayne Blvd Miami Shores, FL 33138-2245
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.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
5000:HOTELS&MOTELS-GEN · Miami Shores, FLMiami Shores. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.