$5,900,000

Estimated payment $35,914/month

0.22 Acre
$26,818,182 Price per Acre
10,000 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: 07/10/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38,823

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 105x95
  • Property Fronts a Bay or Harbor
  • Property is zoned 4604

Location

  • 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

$38,823

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: None
  • Lot Size Acres: 0.22
  • Lot Size: 105x95
  • New Construction: No
  • Road Frontage Type: Legal Access Road, County Road, City/County Maintained
  • Subdivision Name: BANYAN PLACE AMD & EXTENS
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Intensive Development

Exterior Features

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

Garage/Parking

  • Park Building Name: BANYAN PLACE AMD & EXTENS

Utilities

  • Sewer: Other
  • Water Source: Other
  • Utilities: No Utilities, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-30-021-0240
  • Current Use: Unimproved Business/Commercial, Other Style
  • Lot Size Sq Ft: 10000
  • Zoning: 4604

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 38823

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $41,212 $1,900,000 $1,900,000 --
2023 $41,212 $1,967,843 $1,875,000 $92,843
2022 $25,413 $1,009,357 $0 $0
2021 $23,874 $1,060,969 $0 $0
2020 $23,463 $1,267,598 $1,250,000 $17,598
2019 $22,522 $1,302,794 $1,250,000 $52,794
2018 $19,177 $1,052,794 $1,000,000 $52,794
2017 $17,357 $724,658 $0 $0
2016 $17,190 $752,794 $0 $0
2015 $6,113 $205,553 $0 $0
2014 $5,301 $194,681 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $5,900,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $775,000 Union Title Services Inc
Deed $251,000 Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $900,000 Commercial
Previous Owner $243,662 FHA
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11843046

MIAMI REALTORS® MLS

APN: 01-3230-021-0240