Property summary
This exceptional 16-acre mixed-use development opportunity is located in Miami's El Portal neighborhood, at 8500 Biscayne Boulevard, near 79th Street. The property boasts a prime location with excellent access to Biscayne Boulevard, providing convenient north-south and east-west connectivity to Miami Beach and I-95. Access is available from three streets: Biscayne Boulevard, NW 83rd Street, and NW 87th Street. The site is zoned T6-8-O & T5, allowing for a wide range of development… possibilities. This significant parcel is situated approximately 5 miles north of Downtown Miami and directly north of the MiMo and Design District neighborhoods, benefiting from the surrounding dense residential environment and existing retail infrastructure. The property's strategic location is further enhanced by its proximity to the rapidly expanding Magic City Innovation District, which includes over 700 new multifamily units and hotel rooms, and nearly 3 million square feet of new office and commercial space within a 1.5-mile radius. This court-ordered auction presents a unique chance to acquire a substantial development site in a thriving Miami location. The auction is scheduled for January 15th, 2025. Pre-bid deposits and proof of funds are required by January 10th, 2025. The APN numbers are 01-3207-020-0261; 01-3207-020-0271; 18-3207-020-0280; 18-3207-020-0260; 18-3207-020-0270; 18-3207-020-0120. The starting bid is $35 million.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,274 SF
- Lot area
- 4.39 ac
- Year built
- 1945
- Stories
- 1
- APN
- 18-3207-020-0260
- Zoning
- 6100:COMMERCIAL,NEIGHBRHD
- Assessed value · 2023
- $5,787,713
- Annual tax · 2023
- $74,946
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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