Offered for the first time since 1980, STL Commercial is pleased to present an incredible opportunity to acquire a one of a kind development site overlooking the Miami River and Downtown Miami. The zoning allows 12 story development for a variety of uses including hotel and multi-family.
Due to its positioning over River Drive, a new build would feature unobstructed views of the river and Downtown, and to the south- views of Biscayne Bay. The Miami River is a booming district featuring some of the city’s most notable food & entertainment, like Kiki on The River and Seaspice.
The property has approximately 26,000 SF of land with a 9,300 SF two-story office building producing income. The site also has significant frontage on Flagler Street, which directly connects the property to Downtown (0.2 miles away).
Lot Size: 25,639 SF
Building Size: 9,320 SF
Zoning: T6-12-O
Allowed Uses: Multi-Family, Hotel, Retail, Office, Restaurant, Entertainment, Etc…
Allowed Height: 12 Stories (before bonuses)
Allowed Density: 88 Multi-Family Units/176 Hotel Units (before bonuses)
Buildable SF: 205,112 SF
Contact Alex Tsoulfas for more information: (305) 972-7217 Alex@stl-advisors.com