Assemblage in Edgewater
20K SF Dev Site | Multifamily | 12 Units
Marketing description
Global Investments Realty is pleased to present an opportunity to acquire an assemblage of multifamily properties next to Biscayne Bay in one of Miami’s growing upscale markets, Edgewater.
Located in a prime Edgewater boulevard, next to Biscayne Bay, offers a unique opportunity to redevelop or maintaining these boutiques rental properties.
Adjacent to the bay and Biscayne Boulevard, and just few minutes from Midtown, Wynwood, Design District, A&E District, Downtown and Brickell, these properties are at the center of the best that Miami can offer.
Expenses and P&L can be provided during the Due Diligence period.
Investment highlights
Covered land play.
Total lot of 20,000 SF with 12 residential units distributed in 3 stand-alone low-rise buildings.
Convenient zoned T6-36a-L, by right, it can be built up to 68 units and 240,000 SF, plus an additional 40% more with Public Benefit.
Properties are surrounded by several projects, mostly luxury buildings, totaling over 6,000 units.
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