### Prime Edgewater Building Site Hits the Market
A rare six-parcel site in Miami’s Edgewater neighborhood is now on the market with a $32 million asking price. Lee & Associates South Florida Principal, Michael Hinton, is handling the sales listing for this high-density development opportunity.
The 36,998-square-foot assemblage, located at 3350 Biscayne Blvd., currently has zoning approvals for a 172-unit high-rise. However, the seller is in the process of applying for a significant density increase under the Live Local Act. Once approved in the coming months, the future owner could develop a 47-story tower featuring 499 residential units, blending luxury and workforce housing options.
This prime location includes access to the Miami Design District, Edgewater, Midtown, and Wynwood. It also benefits from its proximity to the I-195 exit, Miami’s main east-west highway linking Miami International Airport to Miami Beach. As Edgewater continues to evolve, it is following in the footsteps of Brickell as Miami’s next high-rise, mixed-use neighborhood.
About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax (www.griffintax.com) and REVVED Up Accounting (www.revvedupaccounting.com). In addition, Steve founded Madison Avenue Technology (www.madisonave.tech). With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.
