Estimated payment $74,312/month
Highlights
- Corner Lot
- Landscaped with Trees
- 4-minute walk to Margaret Pace Park
- No HOA
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,036
Lot Details
- Corner Lot
- Landscaped with Trees
- Property is zoned 6402
Location
- City Lot
Community Details
- No Home Owners Association
- 1800 Biscayne Plaza Condo
- 1800 Biscayne Plaza Condo Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-32-31-059-1960
Map
About This Building
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,630 | $342,432 | -- | -- |
| 2024 | $7,417 | $311,302 | -- | -- |
| 2023 | $7,417 | $283,002 | $0 | $0 |
| 2022 | $5,821 | $276,100 | $0 | $0 |
| 2021 | $5,587 | $257,275 | $0 | $0 |
| 2020 | $5,600 | $257,275 | $0 | $0 |
| 2019 | $5,462 | $250,372 | $0 | $0 |
| 2018 | $5,106 | $238,450 | $0 | $0 |
| 2017 | $4,888 | $225,756 | $0 | $0 |
| 2016 | $4,751 | $206,943 | $0 | $0 |
| 2015 | $4,271 | $188,130 | $0 | $0 |
| 2014 | $3,181 | $122,089 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2025 12/11/25 | For Sale | $36,000,000 | +157.1% | -- |
| 12/11/2025 12/11/25 | For Sale | $14,000,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $15,450,000 | Attorney | |
| Special Warranty Deed | -- | Attorney | |
| Special Warranty Deed | $2,800,000 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $20,000,000 | Unknown |
Source: MIAMI REALTORS® MLS
MLS Number: A11929086
APN: 01-3231-059-1960
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