Commercial property in Miami, Florida № 1987742

ID1987742
$ 14 000 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Rare opportunity: Sale of 1 retail unit PLUS Transferable Development Rights (TDRs) in Miami's thriving Edgewater. This 1,707 SF Class A retail space (CU-01) at 1800 Biscayne Plaza includes exceptional development components: a surface parking lot on NE 2nd Court, storage areas, plus exclusive TDRs, air rights, density rights, and Floor Area Ratio (FAR) entitlements. Strategically positioned on Biscayne Boulevard with premium visibility and accessibility. Buyer gains exclusive control over partial condominium termination, enabling redevelopment of surface parking parcels and limited common elements exclusively assigned to CU-01. This unique offering combines immediate retail income with transformational development upside—ideal for developers pursuing land assembly opportunities or sophisticated investors seeking value-add strategies in one of South Florida's hottest growth corridors. Turnkey retail with game-changing redevelopment potential.MLS #: A11929057
Contact the seller
CityMiami
Address275 NE 18th St # 1, Miami FL 33132
TypeCommercial property
Completion dateIV quarter, 2005
Parking places36
Price
- Price
- per m²
$ 14 000 000
- EUR €
- USD $
- RUB ₽
- GBP £
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