Disruptive Real Estate, led by Miami power broker Stefano Santoro, has brought a world-class development site in the heart of Miami’s prime bayside in Edgewater, primed for an ultra-luxury hotel or condo project. The property, located at 702 NE 26th St. is currently asking $6.6 million.
Totaling 10,000 SF, the site’s favorable zoning, T6-36a-L allows for a variety of development uses with high density and building height. The subject property offers developers the opportunity to transform Edgewater’s skyline with an ultra-luxury condo or hotel project capturing the soaring population and rebounding hospitality market that the city is experiencing. The property features an FAR of 3 with buildable +/- 221,532 SF and density of 150 units per acre allowing 34.5 total buildable units on the .229 acre lot.
702 NE 26th St. is centrally located in Miami-Dade County on South Florida’s East Coast, positioned directly on NE 26th Street, which is off Biscayne Boulevard, a major north-south arterial road. The site is just east of Interstate 95, which connects to all major roadways in South Florida allowing easy access to area amenities. Positioned approximately four miles from Downtown Miami, seven miles from Miami International Airport and three miles to Port of Miami, the property offers unmatched accessibility to surrounding sub-markets.
Follow this link to check out the listing website and you can schedule a showing or get more information by contacting Stefano Santoro at 732-241-1940 or Stefano@disruptive-miami.com.
Images via Disruptive Real Estate