Listed by Blanca Commercial Real Estate, Inc.
$12,750,000
Pelican Harbor Development Opportunity
Details
APN 01-3207-016-2850; 01-3207-016-2860; 01-3207-016-2870; 01-3207-016-2880; 01-3207-016-2890; 01-3207-016-2900
Property Type Land, Retail
Sub Type Commercial, Residential
Square Footage 4,320
Net Rentable (SqFt) 4,320
Tenancy Vacant
Class A
Year Built 1946 / 1979
Buildings 1
Stories 1
Lot Size (SqFt) 46,410
Zoning T5-O
+/- 1.07-Acre Development Site with Multifamily & Dry Dock Marina Potential
Marketing description
Blanca Commercial Real Estate, Inc. is pleased to present a +/- 1.07-acre development site located along the 79th Street Causeway, offering a rare opportunity to capitalize on one of Miami’s most visible and strategically positioned corridors connecting mainland Miami to North Bay Village and Miami Beach.
- +/- 46,410 square foot development site positioned along the highly trafficked 79th Street Causeway, a primary corridor linking mainland Miami to North Bay Village and Miami Beach
- +/- 4,320 square foot existing building on site to be delivered vacant at time of sale
- Zoned T5-O with potential eligibility under the Live Local Act, which may allow for increased density and building height for qualifying multifamily or mixed-use development
- Positioned near the rapidly transforming North Bay Village submarket, with 3,000+ residential units and significant mixed-use development reshaping the area into a high-growth waterfront destination
- Approximately 380 feet of frontage with exposure to over 44,000 vehicles per day, providing exceptional visibility along one of Miami’s most active commuter corridors
- Alternative marina development with plans for a 345-slip dry dock facility, utilizing a five- and six-story vertical rack system
- Strong marine storage demand supported by approximately 92,000 registered vessels in Miami-Dade County, driving long-term revenue potential
- Strategically located 0.5 miles from Pelican Harbor Marina, a full-service public boating facility with direct access to Biscayne Bay
Investment highlights
- Multifamily Density and Building Height Upside Through Live Local Act
- Positioned Near North Bay Village Driving Long-Term Demand
- Prominent Visibility with +/- 380 Feet of Frontage Along the 79th Street Causeway
- Fully Conceptualized 345-Boat Dry Dock Marina with Vertical Storage System
- Located a Half Mile from Pelican Harbor Public Boat Ramp with Direct Bay Access
Listing Contacts
Listed by Blanca Commercial Real Estate, Inc.
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