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8500 Biscayne Blvd - Biscayne 85
16 Acres of Residential Land in Miami, FL 33138
Investment Highlights
- This property is situated in a strategic premier location near the major intersections of Biscayne Boulevard near 79th St
- Significant nearby developments underway include the enormous Magic City Innovation District.
- Access on three streets; Biscayne Boulevard, NW 83rd Street, and NW 87th Street.
Executive Summary
Signed Stalking Horse Bid at $35MM
Pre-Bid Deposit and Proof of Funds for ALL groups looking to participate must be in by January 10th, 2025
Avison Young has been retained by Michael Goldberg, the court appointed Receiver, as the exclusive marketing agent for the sale of Biscayne 85, a ±16 acre redevelopment site located in Miami’s El Portal neighborhood, approximately 5 miles north of Downtown Miami and directly north of the popular MiMo and Design District neighborhoods. With generous in-place zoning, excellent accessibility via Biscayne Boulevard and I-95, and proximity to North Miami Beach, existing retail and a dense surrounding residential environment, the site offers the opportunity to craft an enormous, place-defining mixed-use development.
To view the Offering Memorandum and Due Diligence Documents, visit www.biscayne85.com
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 16.00 AC |
| Property Type | Land |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 16.00 AC |
1 Lot Available
Lot 1
| Lot Size | 16.00 AC |
| Lot Size | 16.00 AC |
A unique development opportunity in El Portal/City of Miami, with almost 16 acres of land that will allow a high-density project with up to ±2,380 residential units.
Description
Biscayne 85, offers ±16 contiguous acres with aggressive zoning located partially in the town of El Portal and partially in the City of Miami. With in-place zoning for vertical mixed-use construction, the El Portal Property can accommodate a massive planned development comprising ±3.45 million SF of buildable space and ±2,380 residential units.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £0 | Total Assessment | £11,072,984 |
PROPERTY TAXES
zoning
| Zoning Code | T6-9-O & T5 (Mixed-Use) |
| T6-9-O & T5 (Mixed-Use) |
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Michael Fay -
Brian de la Fé -
John Crotty -
Jay Ziv -
Diana Navarrete -
Avison Young
Presented by
8500 Biscayne Blvd - Biscayne 85
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