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1021 Biarritz Dr - Miami Beach Turnkey School Facility 16,779 SF Specialty Building Offered at $17,449,000 CAD in Miami Beach, FL 33141
INVESTMENT HIGHLIGHTS
- High Barrier to Entry Location: Zoning for educational use is extremely limited in Miami Beach, existing classroom facilities rare and highly valuable
- Voucher Expansion Driving Demand: Florida’s universal voucher program has dramatically increased affordability and broadened access to private schools
- Fully Entitled & Licensed: Fully approved for educational use — no entitlement or licensing delays.
- Ready-to-Operate: Fully functional facility with classrooms, admin space, and outdoor areas minimizes downtime before occupancy
- Parcel A is grandfathered at 250 students, with significant expansion potential —student capacity may increase by roughly 270 additional students
- The only Miami Beach school offering an aquatic program with on-site pool.
EXECUTIVE SUMMARY
The Center of Miami Beach Growth: Normandy Isles (Miami Beach) campus benefits from strong growth momentum in both North Bay Village and North Beach, creating a larger pool of families seeking private education.
Record Competition for Private School Seats: Private school demand in Miami has surged, with 7+ applicants per seat at top schools and families facing long waitlists — Miami Beach stands out with 31% of students in private schools, double the state average.
Limited Schools East of Biscayne Blvd: With few private schools east of Biscayne Blvd, there is immediate ability to capture unmet demand from current and relocating families.
North Bay Village Growth Drives Education Demand: Over $2B of new residential development planned or underway in North Bay Village within minutes of the campus will further fuel enrollment growth.
Campus Highlights: Expansive 46,000 SF lot featuring playgrounds, pool, recreational area, landscaped gardens, Six functional buildings, and a dedicated driveway for seamless student drop-off.
Record Competition for Private School Seats: Private school demand in Miami has surged, with 7+ applicants per seat at top schools and families facing long waitlists — Miami Beach stands out with 31% of students in private schools, double the state average.
Limited Schools East of Biscayne Blvd: With few private schools east of Biscayne Blvd, there is immediate ability to capture unmet demand from current and relocating families.
North Bay Village Growth Drives Education Demand: Over $2B of new residential development planned or underway in North Bay Village within minutes of the campus will further fuel enrollment growth.
Campus Highlights: Expansive 46,000 SF lot featuring playgrounds, pool, recreational area, landscaped gardens, Six functional buildings, and a dedicated driveway for seamless student drop-off.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $17,449,000 CAD | Building Class | C |
| Price Per SF | $1,039.93 CAD | Lot Size | 1.06 AC |
| Sale Type | Investment | Building Size | 16,779 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Schools | Year Built/Renovated | 1936/1965 |
| Zoning | RM-1 - RM-1, Max Height 45 FT, Max Density 63 units (by-right). Allowable uses: Educational Facility, Multi-Family, Hotel | ||
| Price | $17,449,000 CAD |
| Price Per SF | $1,039.93 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | C |
| Lot Size | 1.06 AC |
| Building Size | 16,779 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1936/1965 |
| Zoning | RM-1 - RM-1, Max Height 45 FT, Max Density 63 units (by-right). Allowable uses: Educational Facility, Multi-Family, Hotel |
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,368 CAD | |
| Land Assessment | $968,001 CAD | Total Assessment | $6,786,331 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$968,001 CAD
Improvements Assessment
$2,368 CAD
Total Assessment
$6,786,331 CAD
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1021 Biarritz Dr - Miami Beach Turnkey School Facility
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