Home » Miami » 3886 Biscayne Blvd, Miami, FL 33137 | A11592068

3886 Biscayne Blvd, Miami, FL 33137 | For Sale

$50,000,000

Property Highlights

Listing ID A11592068 Status of this Listing: Active For Sale Property Type Land Lot area 27,698 Sqft/2573.23 m2 approx. Time of this property on Rebonus 101 Day(s)
16 Photos of this Property

3886 Biscayne Blvd, Miami, FL 33137

Property Description: Presented here is an exceptional opportunity situated at the gateway to the Design District. This remarkable offering consists of three folios covering 0.64 acres and is currently occupied by four tenants. Strategically positioned for a very high-end boutique development, the site offers the potential for a maximum built area of up to 185,257 square feet spanning twelve stories as of right. With bonuses, you could go up to 20 stories and a maximum built area of 288,059 square feet.

Useful Info

Original List Price:$50,000,000

Business Info

Gross Scheduled Income:0

Land Lot (Parcel) Details

Lot Size Acres:0.64
Lot Features:
  • <1 Acre
Lot Size Unit:Square Feet

Property Features

Waterfront:No
Current Use:
  • Other

Taxes and Expenses

Tax Annual Amount:$47,126

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Road Surface Type:
  • Other
Subdivision Name:MAGNOLIA PARK 2ND AMD PL
Senior Community:No

Parking

Covered Spaces:0

Utilities

Utilities Available:
  • None
  • Sewer Not Available
Water Source:
  • Other

More Details

Other Information:
Flood Zone : X
FEMA Flood Zone Designations: X
Municipal Code: 1
Subdivision Number: 11

Zoning and Legal

Tax Legal Description:19 53 42 MAGNOLIA PARK 2ND AMD PB 5-25 LOT 56 LESS ST LOT SIZE 131.000 X 52 OR 19582-1716 THRU 1719 0301 4(3)
Real Estate Folio Number (Parcel Number):01-32-19-011-0470
Zoning Description:T6-12-L
Public Survey Township:1
Public Survey Range:32
Public Survey Section:19

Listing History

Update/EventDate/Days
Published Date:May 21, 2024 5:41 pm
On Market Date:May 21, 2024
Price Change Date Time:May 21, 2024 5:34 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:May 21, 2024 5:41 pm
Status Last Changed:May 21, 2024 5:41 pm
Photos Last Modified:July 15, 2024 8:24 pm
Last Modified:July 15, 2024 8:11 pm
Days on the Market Reference Date:July 15, 2024
Days on the Market (updated on Last Modified*):55
Cumulative Days on the Market (updated on Last Modified**):55

Additional Information

Lot Size Range:Less Than 1 Acre
Number of Photos Count:16
Area:32
Ref ID:1075634145
Courtesy of:APEX Capital Realty LLC
Universal Property Id:US-12025-N-0132190110470-R-N

Location

Show Property Address:Yes
Street Name:Biscayne Blvd
Street Number:3886
Street Address:3886 Biscayne Blvd
City : Miami
State : Florida
Zip Code : 33137
County : Miami-Dade County
Full Address:3886 Biscayne Blvd, Miami, FL 33137
Latitude:N25° 48' 46.9''
Longitude:W81° 48' 37.9''

Neighborhood

Postal City:Miami

Property Map