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5445 & 5501 Biscayne blvd - HIGH-VISIBILITY BISCAYNE BLVD DEVELOPMENT 8.35 Acres of Commercial Land Offered at $8,500,000 in Miami, FL 33137
Executive Summary
Zoned T4-O, the site supports a wide range of
uses including multifamily, mixed-use, retail,
office, and hospitality. The property is also
eligible under the Live Local Act, allowing for
increased density and reduced parking
requirements, significantly enhancing overall
development potential.
The ±38,800 SF assemblage provides scale and
flexibility for developers to design an efficient,
market-driven project without the constraints
of existing plans, enabling alignment with
current construction costs, demand trends, and
exit strategies.
Positioned along Biscayne Boulevard, the site
benefits from strong visibility and exposure to
approximately 30,000–40,000 vehicles per day,
supporting activation of ground-floor retail and
long-term value creation.
Preliminary development analysis supports a
high-density mixed-use program consisting of
residential units, ground-floor retail, and
structured parking. Initial underwriting
indicates strong projected performance, with
attractive yield on cost and IRR potential upon
stabilization.
uses including multifamily, mixed-use, retail,
office, and hospitality. The property is also
eligible under the Live Local Act, allowing for
increased density and reduced parking
requirements, significantly enhancing overall
development potential.
The ±38,800 SF assemblage provides scale and
flexibility for developers to design an efficient,
market-driven project without the constraints
of existing plans, enabling alignment with
current construction costs, demand trends, and
exit strategies.
Positioned along Biscayne Boulevard, the site
benefits from strong visibility and exposure to
approximately 30,000–40,000 vehicles per day,
supporting activation of ground-floor retail and
long-term value creation.
Preliminary development analysis supports a
high-density mixed-use program consisting of
residential units, ground-floor retail, and
structured parking. Initial underwriting
indicates strong projected performance, with
attractive yield on cost and IRR potential upon
stabilization.
Property Facts
| Price | $8,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 8.35 AC |
| Price | $8,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 8.35 AC |
1 Lot Available
Lot
| Price | $8,500,000 | Lot Size | 8.35 AC |
| Price Per AC | $1,018,484.90 |
| Price | $8,500,000 |
| Price Per AC | $1,018,484.90 |
| Lot Size | 8.35 AC |
Fausto Commercial is pleased to present a premier development assemblage located at 5445 & 5501 Biscayne Blvd, totaling approximately ±38,800 SF along one of Miami’s most prominent commercial corridors.
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Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
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5445 & 5501 Biscayne blvd - HIGH-VISIBILITY BISCAYNE BLVD DEVELOPMENT
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