Rare opportunity: Sale of 1 retail unit PLUS Transferable Development Rights (TDRs) in Miami's thriving Edgewater. This 1,707 SF Class A retail space (CU-01) at 1800 Biscayne Plaza includes exceptional development components: a surface parking lot on NE 2nd Court, storage areas, plus exclusive TDRs, air rights, density rights, and Floor Area Ratio (FAR) entitlements. Strategically positioned on Biscayne Boulevard with premium visibility and accessibility. Buyer gains exclusive control over partial condominium termination, enabling redevelopment of surface parking parcels and limited common elements exclusively assigned to CU-01. This unique offering combines immediate retail income with transformational development upsideideal for developers pursuing land assembly opportunities or sophisticated investors seeking value-add strategies in one of South Florida's hottest growth corridors. Turnkey retail with game-changing redevelopment potential.
| MLS # | A12036639 |
|---|---|
| Listing Type | For Sale |
| Style | Specialpurpose |
| Building Name | 1800 Plaza |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 77 |
| Listing Provided By | Xfera Realty Group, LLC. | Oreste Leccese Guerrero |
| SQ Feet | 20,000 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Acreage | 57178.00 |
| Parking Features | Assigned, Common, Covered |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | , |
| Zip Code | 33132 |
| Area | 32 |
| Listing VS Median (in 33132) | |
Price: $14,000,000 low | high Med: $380,000 sqft: 20,000 low | high Med: 903 $ / sqft: $700 low | high Med: $433 On site: 77 low | high Med: 152 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | , |
| Zip Code | 33132 |
| Area | 32 |
| Listing VS Median (in 33132) | |
Price: $14,000,000 low | high Med: $380,000 sqft: 20,000 low | high Med: 903 $ / sqft: $700 low | high Med: $433 On site: 77 low | high Med: 152 | |