18801 W Dixie Hwy
Miami, FL 33180
Prime Development Opportunity in Aventura, FL · Land For Sale · 1.14 AC

Marcus & Millichap is proud to present 18801 W. Dixie Highway, a 1.2-acre (52,148 square feet) development site located in Miami, Florida. The development opportunity is zoned UC-MM (Mixed-Use Main Street) and located in the Ojus Urban Area District allowing for mixed-use, multifamily, retail, professional business offices, health care services, and commercial parking garages. The zoning allows for a density of 125 units per acre with a maximum height of 15 stories. This excellent development opportunity is located within a high traffic area just one block from Biscayne Boulevard which has a traffic count of over 81,000 VPD. 18801 W. Dixie Highway is located just Southwest of Aventura Mall. The seller has proposed plans allowing for a 15-story mixed-use development project consisting of 197 units with 8,500 square feet of retail space. 18801 W. Dixie Highway is surrounded by new developments such as West Aventura Town Center, a 600,000 square foot mixed-use development located just Southwest of the Subject property. West Aventura Town Center will be a mix of office and residential. Just South of the Subject property is EMERALD Aventura, a 58-unit Class A office condo development. North of 18801 W. Dixie Highway is Aventura Village, a 108-unit residential project with 96 townhomes and 12 lofts. This opportunity is perfect for an investor looking to purchase property in a high demand area with a shortage of developable inventory.