www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28280694
28280710

3530 Biscayne Blvd, Miami, FL 33137 For Sale

TU
FL SL3045193
The Keyes Company - Brickell Office
Listed by The Keyes Company - Brickell Office
$9,800,000
7 days on market
Updated 7 days ago
Opportunity zone

Up Midtown Hotel - Owner user / Covered Land Play

Details
APN 01-3230-005-0090
Property Type Hospitality, Land (+1)
Sub Type Hotel, Motel (+1)
Square Footage 11,608
Net Rentable (SqFt) 9,489
Keys 32
Cap Rate 5.56%
NOI $544,521
Occupancy 87%
Tenancy Single
Price per SqFt $844
Year Built 1957
Year Renovated 2024
Buildings 1
Stories 2
Lot Size (SqFt) 14,359
Zoning T6-36a-O
Parking Spaces 25 spaces
Parking per 1,000 SqFt 2.15
Investment Type Owner/User

Landmark Corner on Biscayne Blvd. (US-1)

Marketing description

The Keyes Company is pleased to present you with this rare Owner-User or Redevelopment opportunity in the heart of Miami’s urban core. Alternatively, this can be kept as an income producing Hotel in the heart of Miami’s urban core, strategically located walking distance to Midtown, Design District, and Wynwood.

This asset represents an excellent opportunity for an Owner-User given the flexible layout, strong signage visibility, branding potential, and on-site parking.

It also has the potential as a Prime Edgewater Development Site with Existing Income. Ideal for Multi-Family, Hospitality, Office, or Mixed-Use Development with ground-floor retail potential.

The property is currently operating as “Up Midtown Hotel”, which provides substantial income while working on permitting process for either turning this asset into a high-end flagship office, or working on site plan approvals for a development.

Investment highlights

  • Prominent Corner Location on Biscayne Boulevard
  • Steps to Design District, Wynwood, Midtown Miami & Edgewater
  • Exceptional Visibility and Branding Exposure
  • Value-add
  • Excellent Opportunity for an Owner-User
  • Rare Redevelopment Opportunity in a Prime Urban Corridor
  • Financial details available on request
  • High-Density Zoning
  • Located in Opportunity Zone

Listing Contacts

TU
FL SL3045193
The Keyes Company - Brickell Office
Listed by The Keyes Company - Brickell Office

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$544,521.00
$45,376.75/mo

Valuation Metrics

0
DSCR
5.56%
Cap Rate
5.56%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Tony Ulloa
License
SL3045193
Brokerage
The Keyes Company
Brokerage Phone
3057905511
Title
Director, Private Investments
Brokerage Address
2121 Southwest 3rd Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591