Covered Land Development Site 3 Properties Offered at $61,024,498 CAD in Miami, FL

Positioned at the gateway to Miami’s celebrated Design District, 3886 Biscayne Boulevard offers an exceptional covered land opportunity combining near-term income with long-term development scalability. Spanning approximately 0.64 acres across three contiguous parcels, the site is strategically located along one of Miami’s most dynamic growth corridors, benefiting from immediate proximity to Edgewater, Midtown, Wynwood, Buena Vista, Bay Point, and the rapidly evolving Arts & Entertainment District. The property’s high-visibility frontage along Biscayne Boulevard strengthens its presence within a district known for luxury retail, cultural destinations, and sustained residential demand.
Currently improved with four income-producing tenants, the assemblage generates stable operational revenue while providing flexibility for future redevelopment. Its T6-12-L zoning designation positions the site for substantial vertical potential, offering developers the ability to build up to twelve stories by right or pursue public benefit bonuses that allow up to twenty stories and approximately 288,059 square feet of buildable area. This scalability supports a wide range of mixed-use concepts, including residential, hospitality, retail, and creative office integration—all complementary to the surrounding high-end environment.
The property’s central location offers fast connectivity to major economic nodes and transit routes. The Design District, just steps away, has evolved into a global destination for luxury retail and experiential concepts. Edgewater’s waterfront density, Midtown’s retail concentration, and Wynwood’s creative ecosystem form a surrounding triangle of continuous population growth, strong demographics, and year-round consumer traffic. These factors position the site for exceptional long-term absorption, strong pricing power, and enduring relevance for multiple development profiles.
Supporting materials within the package—including conceptual renderings, planning diagrams, and professional survey documents—provide a clear framework for envisioning future design and execution paths. With flexible income, premier visibility, and robust zoning capacity, 3886 Biscayne Boulevard stands out as a rare Miami development opportunity in one of the region’s most competitive and culturally significant submarkets.