Description

Rare opportunity to acquire a premier development site along Biscayne Boulevard with the ability to assemble 5501 and 5445 Biscayne Blvd into a combined ±38,800 SF footprint. The expanded site area allows for greater unit yield, more efficient design, and improved overall project feasibility.
Zoned T4-O, the property supports a wide range of uses including multifamily, mixed-use, retail, office, and hospitality. The site is also eligible under the Live Local Act, offering developers the opportunity to increase density and reduce parking requirements—significantly enhancing buildable potential and returns.
With no existing plans in place, the property offers maximum flexibility for a developer to tailor a project to current market conditions, construction pricing, and target exit strategy.
Strategically positioned on Biscayne Boulevard, the site benefits from strong visibility and exposure to approximately 30,000–40,000 vehicles per day, making it ideal for activating ground-floor retail and driving long-term value.
Located within the MiMo District, one of Miami’s most dynamic and design-forward corridors, the area continues to see strong demand driven by its curated mix of hospitality, retail, and residential growth.

Address

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Address: Biscayne Blvd
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33137
Area: BAYSHORE PLAZA

Details

Updated on April 7, 2026 at 3:30 am

Property ID A11995871
Price $8,500,000
Land Area 0.85 Square Feet
Type Commercial
Property Status Commercial Land

Additional details

AdditionalParcelsYN 1
BuildingAreaUnits Square Feet
BuildingName BAYSHORE PLAZA
ContractStatusChangeDate 2026-03-30
CurrentUse Unimproved Business/Commercial
DaysOnMarket 8
ExpirationDate 2027-03-29
FinancialDataSource None
FrontageLength 335
GrossScheduledIncome 0
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 754-204-8236
ListingTerms All Cash, Conventional
LotFeatures Central Business District, Corner Location, Less Than 1 Acre
LotSizeDimensions 335x115
LotSizeSquareFeet 22000
MLSAreaMajor Bayshore Plaza
MajorChangeTimestamp April 6, 2026 at 08:14pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp April 7, 2026 at 01:00am
OnMarketDate 2026-03-30
OriginalEntryTimestamp April 6, 2026 at 08:14pm
OriginalListPrice 8500000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-32-18-028-0010
PhotosChangeTimestamp April 6, 2026 at 08:38pm
PhotosCount 8
PossibleUse Intensive Development, Open Land
PriceChangeTimestamp April 6, 2026 at 08:14pm
PublicSurveyRange 32
PublicSurveySection 18
PublicSurveyTownship 32
RoadFrontageType City/County Maintained, Main Thoroughfare
RoadResponsibility Public Maintained Road
RoadSurfaceType Paved
Sewer Public Sanitation
ShowingContactType Agent
ShowingInstructions Call Listing Agent, Go Directly
SourceSystemKey 450788417
StateOrProvince FL
StatusChangeTimestamp April 6, 2026 at 08:14pm
StreetName Biscayne Blvd
StreetNumber 5445 & 5501
StreetNumberNumeric 5445
StructureType Commercial
SyndicationRemarks Rare opportunity to acquire a premier development site along Biscayne Boulevard with the ability to assemble 5501 and 5445 Biscayne Blvd into a combined ±38, 800 SF footprint. The expanded site area allows for greater unit yield, more efficient design, and improved overall project feasibility. Zoned T4-O, the property supports a wide range of uses including multifamily, mixed-use, retail, office, and hospitality. The site is also eligible under the Live Local Act, offering developers the opportunity to increase density and reduce parking requirements—significantly enhancing buildable potential and returns. With no existing plans in place, the property offers maximum flexibility for a developer to tailor a project to current market conditions, construction pricing, and target exit strategy. Strategically positioned on Biscayne Boulevard, the site benefits from strong visibility and exposure to approximately 30, 000–40, 000 vehicles per day, making it ideal for activating ground-floor retail and driving long-term value. Located within the MiMo District, one of Miami’s most dynamic and design-forward corridors, the area continues to see strong demand driven by its curated mix of hospitality, retail, and residential growth.
TaxAnnualAmount 42488
TaxLegalDescription BAYSHORE PLAZA RESUB PB 39-51 LOTS 1 & 2 LOT SIZE 220.000 X 100 OR 20442-1941 0602 6 (2) COC 21664-0559 09 2003 5
TaxYear 2026
Utilities Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available
WaterSource Municipal Water
Zoning 4801