Lee & Associates presents an exceptional development opportunity at 3350 Biscayne Blvd in the vibrant Midtown and Biscayne Corridor submarket of Miami, Florida.
This prime six-parcel assemblage, totaling approximately 36,998.1 square feet (0.85 acres), has development site plans already in place proposing a luxurious 47-story mixed-use condominium tower. With 172 units approved by right, the application is already in process for a 499-unit high-rise tower proposed under the Live Local Act to include workforce housing to maximize benefits; approval is expected in the next 60 days. The total proposed buildable area of 752,802 square feet includes 5,555 square feet of high-street retail at ground level, 620 parking spaces, 41 bicycle spaces, and 5 loading doors, and residential offerings begin on the 11th floor. Units feature a mix of 161 one-bedroom, 81 two-bedroom, and 54 three-bedroom units, and integrates 196 workforce studio units and 7 one-bedroom units under the Live Local Act incentives.
Situated at the corner of Biscayne Blvd and NE 34th Street, this high-profile site offers unparalleled visibility and connectivity. The property is strategically positioned within a dynamic urban district, benefiting from immediate access to major roadways such as Interstate 195 and US Highway 1, linking residents and businesses to Downtown Miami, Miami Beach, and the Design District. The area is a thriving hub for dining, shopping, and entertainment, with high pedestrian traffic and strong demographics supporting a luxury mixed-use development. This premier location ensures a seamless blend of urban convenience and high-end residential living.