Listing Summary
Premier Development Opportunity in Brickell – 39-Story Approved Tower Site
Full Description
Secure a high-yield multifamily asset with massive redevelopment upside in the core of Brickell, Miami’s premier financial hub. This 30,000 SF (0.69 Acre) lot currently hosts a high-occupancy 39-unit building but is positioned for a world-class skyscraper development under Rapid Transit Zoning (RTZ).
Approved Development Potential
This asset is a developer's dream, featuring fully approved plans for a high-density residential landmark:
-
Capacity: 400 Luxury Residential Units
-
Height: 39 Stories
-
Total Build Area: 412,216 Square Feet
-
Zoning Advantage: Benefit from Rapid Transit Zoning (RTZ), maximizing density and Floor Area Ratio (FAR) due to its proximity to transit hubs.
Unbeatable Transit-Oriented Location (TOD)
Boasting a near-perfect walk score, this site offers unparalleled connectivity:
-
Public Transit: 3-minute walk to Brickell MetroMover/MetroRail Station.
-
Retail & Lifestyle: 7-minute walk to Brickell City Centre and Mary Brickell Village.
-
Highway Access: 1-minute drive to I-95 and US-41 (8th Street), providing rapid access to the entire Miami metro area.
Market Demand & Economic Outlook
Brickell is seeing unprecedented growth as the "Wall Street of the South." Your investment is supported by:
-
Corporate Migration: New global headquarters and Class-A office towers are currently under construction.
-
Future Deliveries: Significant office space deliveries scheduled between 2025 and 2027 will continue to drive aggressive rental demand and low vacancy rates.
-
High-Occupancy Asset: Generate strong cash flow from the existing 39 units while you finalize your development permits.
Invest in the most desirable neighborhood in Miami. This is a rare opportunity to shape the Brickell skyline.
Quick Glance
- Listing ID:
CL-Florida-27702
- Status:
Active
- Year Build:
1968
- Building Size:
30,000 SqFt
- Lot Size:
31,750.00 Acre