Property profile

5501 Biscayne Blvd Miami, FL 33137

OFF-MARKET
Specialty properties
Property ID
US18-1507164
Entity Owned 7-yr Hold
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Property summary

AI-generated overview

Discover a remarkable investment opportunity in Miami's vibrant Upper East Side. This exceptional property, located at 5501-5445 Biscayne Boulevard, encompasses over 38,000 square feet of prime land, presenting a unique canvas for ambitious development projects. The property's address on prestigious Biscayne Boulevard ensures unparalleled visibility and accessibility, attracting significant attention and potential for high returns. Zoned T4-O, the site allows for a diverse range of uses, including retail, residential, short-term rentals, and office spaces, offering flexibility to tailor the development to market demands. This versatile zoning, combined with the property's size and location within the MIMO District, creates an unparalleled opportunity to create a landmark development that will redefine the Miami skyline. The asking price for this exceptional property is $7,250,000. This is a rare chance to acquire a significant piece of Miami real estate with immense potential for future growth and substantial returns on investment. Don't miss this chance to shape the future of Miami's dynamic landscape. The property is situated in Miami-Dade County, Florida, with a zip code of 33137.

Property profile

Verified
Property type Specialty properties
UPID US18-1507164

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5501 Biscayne Blvd Miami, FL 33137
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
2018
$1.2M
2018
$1.0M
2018
$1.0M
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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