This Land Property is no longer advertised on LoopNet.com.

5941-5943 Biscayne Blvd
Miami, FL 33137
Development Opportunity · Land For Sale · 0.27 AC

Investment Highlights

  • Partially entitled boutique hotel development site
  • Ideal for any Hotel Operator or Revenue Sharing Structure
  • Approx. 7 min to Miami Design District, 12 min to Wynwood and 11 min to Miami Beach
  • Currently designed to have 25 Units
  • Centrally located between all major areas of Miami
  • Property currently has a 3,047 SF home that is generating income

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Hospitality
Total Lot Size 0.27 AC
Zoning T4-O - Mixed use

Description

Chariff Realty Group is proud to exclusively present an exceptional opportunity in Miami's dynamic MiMo (Miami Modern) District: a Boutique Hotel Development Site. Boasting a meticulously designed layout accommodating 25 rooms within 3 floors, two ground-floor retail spaces, a captivating rooftop deck with a pool, and a gym, this property has been thoughtfully curated for success. Its strategic location in the bustling Mimo District, a burgeoning hotspot for tourists and locals alike, adds to its allure. Moreover, it's important to note that this property currently generates income and boasts healthy cash flows, making it an even more enticing investment prospect. The seller's groundwork has determined that the property is ideally suited for a short-term rental operation, whether managed as a shared profit venture or owned and operated individually. Plus, it's just minutes away from Miami Beach, the Design District, and Wynwood, the most desired tourist areas, further enhancing its appeal. With entitlements in progress, this development opportunity is primed to capitalize on Miami's ever-growing hospitality market, making it a must-consider asset for investors looking to make their mark in this thriving industry. Contact us today to explore detailed plans, profit sharing forecasts, and all pertinent development information. **All information has been secured from the seller/lessor and Chariff Realty Group, Inc. and its agents, employees and representatives (collectively “Chariff”) make no representations and/or warranties as to the accuracy thereof, all of which are expressly not warranted, disclaimed and must be verified by the buyer/lessee prior to purchase/lease. All information from Chariff is subject to errors, omissions, change, and withdrawal without notice. Any reference to age, market data, condition, suitability and/or square footage must be verified and is not guaranteed by Chariff. Buyer/lessee bears all risk of information provided by Chariff.

Property Taxes

Property Taxes

Parcel Number
01-3218-031-0320
Land Assessment
$1,182,700
Improvements Assessment
$0
Total Assessment
$1,182,700
  • Listing ID: 29548623

  • Date on Market: 9/18/2023

  • Last Updated:

  • Address: 5941-5943 Biscayne Blvd, Miami, FL 33137

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