4865 NW 7th St - Miami - Blue Lagoon 7 Acres of Residential Land in Miami, FL 33127

Trustee Realty is pleased to present a rare opportunity to acquire and develop nearly 7 acres of prime waterfront land on Miami's Blue Lagoon, one of the last remaining development opportunities of its size and allowable density in Miami-Dade County.

Rezoned and approved by the Miami City Commission in 2019 for a landmark mixed-use development designed by renowned architect Kobi Karp, the current T-6-12 Urban Core zoning allows for up to 150 units per acre with building heights reaching 160 feet. The approved six-building mixed-use site plan includes 888 residential apartment units, 294 hotel keys, along with beautifully designed common areas and landscaped walking paths around the property, creating a vibrant, walkable waterfront environment. This offering provides outstanding flexibility for developers seeking near-term execution or long-term land banking within one of Miami's most strategic and supply-constrained submarkets.

Blue Lagoon offers exceptional regional connectivity with immediate access to Downtown Miami, Brickell, Coral Gables, Coconut Grove, Miami Beach, Doral, Westchester, and Kendall. The property is minutes from Highway 836, Miami International Airport (MIA), Miami Freedom Park & Soccer Village, and the Waterford at Blue Lagoon Corporate Park, which encompasses over 2 million square feet of office space. Miami is also home to major employers, financial institutions, government centers, world-class beaches, sports venues, dining, and cultural attractions that define the vibrant South Florida lifestyle.

The property is being offered for sale by 7 at Blue Lagoon (1) and (2), as Debtor-in-Possession, pursuant to a Chapter 11 bankruptcy sale. The transaction is being conducted in accordance with Chapter 11 of the United States Bankruptcy Code, Case No. 25-21286-RAM, and any purchase is subject to approval by the United States Bankruptcy Court for the Southern District of Florida.