380 32Nd StMiami, FL 33137

This exceptional 0.52-acre vacant lot, located at 380 NE 32nd Street in Miami, Florida, presents a unique development opportunity. Situated in the vibrant Edgewater neighborhood, between NE 31st and 32nd Streets, east of US1, this property boasts a highly desirable T6-36A-L zoning classification. This zoning allows for a density of 150 units per acre, translating to a potential of up to 78 residential units or 156 hotel keys, as per zoning regulations. The Miami-21 Zoning Code further enhances the property's potential by permitting a maximum building height of 36 stories. Its strategic location offers unparalleled access to Biscayne Boulevard, I-195, the Design District, and the Arts & Entertainment District, ensuring high visibility and strong demand. The asking price for this exceptional development site is $9,500,000. Given the prime location and development potential, this property is expected to attract significant interest. Act quickly to secure this rare opportunity in Miami's thriving real estate market. The property's zip code is 33137, and its coordinates are 25.8069927 latitude and -80.1882781 longitude. This is an unimproved parcel in Miami-Dade County.