Marina for Sale: Miami River Mixed Use Waterfront Property for Sale or Lease
Overview
The property is being offered for sale of lease.
In addition to the current use, which is Ideal for marine, industrial, professional offices, storage, or retail, recent residential zoning expands the potential us as a mixed-use site.
Highlights
- Land is 30,000SF+/-
- Has river front dockage of 140’+/-
- 11,000sf+/- Building consisting of warehouse, retail and storage spaces, offices, bathrooms
- Current use Ideal for marine, industrial, professional offices, storage, or retail \
- Has upside due to recent residential zoning
- Palmer Lake Zoning allows 187 units hotel apartment units per acre
- Current negotiations with possible tenant
- Possible financing available
The Opportunity
This site offers development upside due to recent residential zoning.
Location
The site offers a very special and prime Location near the Miami International Airport. The Beckham Stadium is planned near the airport and has been approved by the City just recently. National and local companies have been acquiring properties in the area for Industrial, hotel, marine, and residential use.
The Miami River has been the target of interest for premier billion dollars developments and renowned waterfront restaurants as well as industrial use. These projects include Brickell City Centre, Miami World Center, Downtown Convention Center, Prologis and Brookfield Industrial acquisition as well as other projects on the Miami River:
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. It is 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 dollars 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 developments.
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