Edgewater Development Opportunity
Transformative Edgewater Development Opportunity
Marketing description
Blanca Commercial Real Estate, Inc. is pleased to be appointed as the exclusive agent for the sale of the Edgewater Development Opportunity (“EDO”). This +/-60,238 SF site presents the rare opportunity to build such a transformative project in a world-renowned location.
Investment highlights
Incredible lot size allows for a transformative development opportunity in the heart of Edgewater.
Myriad of uses available inclusive of multifamily, hospitality, mixed-use or commercial.
Astonishing views with Wynwood directly to the West, Biscyane Bay to the East, Downtown/Brickell to the South, and Design District to the North.
Access to both NE 22nd Street and NE 23rd Street providing users terrific traffic flow.
Located in an Opportunity Zone, the property benefits from liberal T6-8-O zoning with additional potential density achievable through the Live Local Act.
Land is currently leased with in-place annual income of $259,584 plus sales tax. Expiring March 31, 2027, this lease minimizes carrying costs as a developer seeks approvals.
Seller may be willing to offer financing at aggressive terms.
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