231 E Flagler St

OFFERING OVERVIEW: TIR Prime Realty as exclusive agent presents 231 E Flagler Street situated in the Miami urban core as covered land redevelopment investment. This offering consists of a 14,000 square foot lot right on the coveted East Flagler Street which is poised to become the center of the Central Business District with its ample and pedestrian-friendly sidewalks and streets. Density and zoning codes allow tremendous potential to develop high-intensity mixed-uses into great heights. HIGH INTENSITY ZONING: With its T6-80-O designation, Miami's Central Business district allows the tallest and most intensive development in the whole state of Florida with its 80+ story height limits and it's 1,000 dwelling unit per acre density allowance. Seller has designed a sample multifamily development as-of-right with 321 units and retail spaces. A PLACE TO LIVE AND PLAY: Projects such as Miami Worldcenter and Met Square are quickly changing the appeal of the urban core by bringing shopping and entertainment. The area is also home to the Miami Heat's FTX Arena, Perez Art Museum Miami, Miami-Dade College, and Bayside Marketplace. At the center of it all lies East Flagler Street which is in the midst of an infrastructure project to revitalize and beautify the street by turning it into a pedestrian oriented boulevard while it improves on serving future development projects. The Flagler Beautification Project, privately and publicly funded, will make Flagler one of the most walkable streets in the city. INFRASTRUCTURE AND TRANSPORTATION: The City is more well connected than ever. Miami Central as the station for the new Brightline train service connects the Downtown core like never before with direct and quicker access to Aventura, Fort Lauderdale, West Palm Beach, and Orlando. Metromover further connects the central business district with a free mass-transit solution which connects the Central Business District to Brickell and the Arts & Entertainment District with the possibility of further expanding to Miami Beach, Wynwood, and the Design District. Metrorail also converges into the Miami Central station and connects Downtown to South Miami and the Miami International Airport. I-95 and I-395 converge in Downtown Miami as the main interstate arteries giving quick vehicular access to the most traveled places in the metropolitan statistical area.