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4865 NW 7th St - BANKRUPTCY AUCTION Miami - Blue Lagoon 7 Acres of Commercial Land in Miami, FL 33127
Investment Highlights
- Nearly 7 acres of rare waterfront development land on the Blue Lagoon, offering one of the last large-scale, high-density opportunities in Miami.
- Near Downtown Miami, Brickell, Coral Gables, Miami International Airport, and major highways, at the center of Miami’s economic and lifestyle hubs.
- Approved mixed-use development with T-6-12 Urban Core zoning, allowing up to 150 units per acre and building heights of up to 160 feet.
- Exceptional flexibility for developers, suitable for immediate development or strategic land banking within a highly supply-constrained submarket.
Executive Summary
REGISTRATION DATE: AUGUST 10TH
The Property will be sold pursuant to an Order of the United States Bankruptcy Court for the Southern District of Florida under Section 363 of the U.S. Bankruptcy Code.
PROPERTY
4865 NW 7th Street, Miami, FL
Approximately 7 Acres
Three Contiguous Tax Folios: 01-3131-010-0050, 01-3131-010-0051, 01-3131-010-0052
AUCTION HIGHLIGHTS
Auction Date: August 14, 2026 at 2:00 PM (ET)
Registration Deadline: August 10, 2026
Initial Bid Submission Deadline: August 12, 2026
Sale Hearing: August 19, 2026 at 3:30 PM (ET)
Auction Format: Live Zoom Auction
Property Sold: As-Is, Where-Is
Title Conveyed: Free and Clear of Liens, Claims & Encumbrances pursuant to Bankruptcy Court Order
Qualified Bid Deposit: $500,000
Minimum Overbid Increment: $50,000
Closing: Within 15 days following Court approval
QUALIFIED BIDDER REQUIREMENTS
To be eligible to participate in the auction, prospective bidders must satisfy the following requirements no later than the applicable deadlines established by the Bankruptcy Court:
? Submit a written bid identifying the bidder and purchase price.
? Deliver a $500,000 refundable good-faith deposit along with satisfactory evidence of financial ability to close.
? Submit an unconditional offer that:
Is irrevocable through the Sale Hearing.
Is not contingent upon financing.
Is not contingent upon additional due diligence.
Is not subject to internal or board approval.
Is not contingent upon receipt of a title commitment or title insurance policy.
? Acknowledge the purchase is on an "As-Is, Where-Is" basis in accordance with the Court-approved Bid Procedures.
? Provide a written certification that the bidder has not engaged, and will not engage, in any collusion prohibited by 11 U.S.C. § 363(n).
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.
Property Facts
1 Lot Available
Lot
| Lot Size | 7.00 AC |
| Lot Size | 7.00 AC |
Description
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.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $10,201,355 |
Property Taxes
Contact the Sale Advisor
4865 NW 7th St - BANKRUPTCY AUCTION Miami - Blue Lagoon