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Marina for Sale: Miami River Marine / Marina and Development Site

Price: $2,500,000
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Overview

Miami River marine industrial site with tremendous opportunity to realize. Own a piece of fast-growing Miami River real estate in the midst of billion dollar investments.

Highlights

Property Highlights

  • Palmer Lake Zoning for 187 units per acre
  • Marina use, storage, distribution, residential
  • 400' river frontage+/-
  • 24,334 SQ FT lot including two large and wide slips
  • Income from a NNN tenant with lease for 4 years
  • 1,633 SQ FT building with warehouse, office, and 2 bathrooms

 

Area Highlights

The property is located on the Miami River, a fast growing and appreciating area, highly desirable due to the limited waterfront in Miami. This property is further unique due to the rare combination of its wide water frontage along with marine and mixed use potential. Property is located 1.7 miles from the airport and 5.7 miles to Brickell. Airport city will be a 512-million-dollar project, that's projected to create 10,000 permanent jobs after completion. The property is fronting the Miami river which serves as a place for economic activity, transportation, recreation & conservation.

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The Opportunity

  • This acquisition presents a unique opportunity to acquire a marine and mixed use development site
  • The site is located near the Palmer Lake zoning that allows mixed use that includes hotel, and office
  • The Tamiami canal bridge has been replaced with a 4-lane draw bridge
  • The site is located approximately 1.8 miles from the airport. Airport City will be a 512 million dollar project, that's projected to create 10,000 permanent jobs after completion.

Location

Property Address:
3155 NW 20 Street, Miami FL; Folio: 30-3128-000-0050

The site offers a very special and prime Location in the midst of the Miami River Renaissance. The property surrounding areas have been seeing a great deal of investors pouring billions of dollars in capital into them. These projects include Brickell City Centre, Miami World Center, Downtown Convention Center, and exciting new projects on the Miami River.

The Miami River has been the target of interest for premier billion dollar developments and renowned waterfront restaurants. To mention a few:
River landing shops and residences will offer 2 million square feet of retail and residences on 8.14 acres along the Historic Miami River in the heart of Miami’s Health District, Located at 1400 NW North River Drive; One River Point twin 60-story condo towers is located at 131 NW S river drive. The site was purchased for $33 million on a 2.9-acre site on Miami's riverfront; The 1B dollar Miami Riverwalk Project is located at SW 3rd Ave between SW 5th St & SW 6th and includes four towers, ranging in height from 622-feet to 645-feet above ground. The subject property is especially unique due to its very close proximity to the airport and being in the midst of these incredible development and entertainment projects.

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For More Information

Michelle Ash
Principal
(305) 439-9581
George Ash
National Director
(352) 262-5784