luxury

$21,500,000

333 NE 23rd Street, Miami, FL 33137

Miami, FL, 33137

— bd · 0 ba · — sqft

Listed by Global Investments Realty

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Prime Biscayne Boulevard Development Site — ±23,639 SF high-exposure infill assemblage positioned at the prominent corner of NE 23rd Street and Biscayne Boulevard, in the heart of Edgewater's rapidly evolving development corridor.The property is zoned T6-36a-O, providing significant development flexibility for high-density residential, commercial, or mixed-use development, with zoning permitting buildings of up to 36 stories.A maximum potential of 162 residential doors, providing developers with substantial scale on a relatively compact urban site. At the asking price, this equates to approximately $133,540 per residential door.The site is marketed with approximately 397,135 SF of potential FAR, representing an asking price of approximately $54.13 per buildable FAR SF—a key metric for developers evaluating the land basis against replacement and development costs.The property offers direct frontage on Biscayne Boulevard with visibility and access to more than 40,000 vehicles daily, providing a significant advantage for future retail, hospitality, residential, or mixed-use development.The site is surrounded by a significant concentration of residential development, with 6,000+ new residential units within the Edgewater Development Corridor.

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  • 98 days on market

    Longer time on market usually means the seller is more open to negotiating on price and terms.

Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.

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333 NE 23rd Street, Miami, FL 33137 · Miami

Location

333 NE 23rd Street, Miami, FL 33137

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995