$5,900,000

Estimated payment $34,366/month

0.23 Acre
$25,764,192 Price per Acre
5,000 Sq Ft Lot

About This Lot

Located in a prime Edgewater area, next to Biscayne Bay, offering a unique opportunity to redevelop this property. Two vacant lots with an area of 10,000 SF. Properties may also be acquired as part of a larger assemblage totaling approximately 30,000 SF, offering expanded development potential.Conveniently zoned T6-36a-L, by right, up to 34 units or 68 condo hotel units can be built, and up to 120,000 SF, plus an additional 40% more with Public Benefit. Properties are surrounded by several luxury buildings, totaling over 6,000 units. Just one building from the bay and next to Biscayne Boulevard, and just few minutes from Midtown, Wynwood, Design District, A&E District, Downtown and Brickell, these properties are at the center of the best that Miami has to offer.

Listing Agent

Joel Rodriguez

Global Investments Realty License #0545697 Listed on: 03/08/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39,975

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Property is zoned 4604

Additional Features

  • Bay Views
  • City Lot

Community Details

  • No Home Owners Association
  • Banyan Place Amd & Extens Condos
  • Banyan Place Amd & Extens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-021-0240

Property Details

Property Type

Land

Est. Annual Taxes

$39,975

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Lot Size Acres: 0.229
  • Lot Size: 100x100
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Subdivision Name: BANYAN PLACE AMD & EXTENS
  • CurrentPrice: 5900000
  • InternetRemarks: Two vacant lots with an area of 10,000 SF. Properties may also be acquired as part of a larger assemblage totaling approximately 49,000 SF
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Intensive Development

Exterior Features

  • View: Bay View
  • Lot Features: Central Business District, City Location, Less Than 1 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BANYAN PLACE AMD & EXTENS

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Other Utilities Available, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-30-021-0240
  • Current Use: Other Usage, Other Style
  • Lot Size Sq Ft: 5000
  • Zoning: 4604

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 39975

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2026 03/08/26 For Sale $5,900,000 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11988403

MIAMI REALTORS® MLS
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