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Unique multi-family development site in the Blue Lagoon area

Coldwell Banker Commercial NRT will be hosting a special auction in November to sell this incredible 12-plus acre parcel of land located in the Blue Lagoon area.

Recognized as one of the last sites of its size and density in Miami-Dade County, Blue Lagoon Miami is a unique waterfront multi-family development site. With barriers to entry in the market, this site offers a highly desirable market-rate rental development, is zoned T6-8L with 160-foot height restriction and is easily accessible via all major transportation routes.

With easy access to downtown Miami, Coral Gables, Coconut Grove, Miami Beach, Doral and Kendall, Blue Lagoon Miami is in close proximity to Waterford at Blue Lagoon Corporate Park. This waterfront site offers approximately 12 acres plus easements of record and is zoned as a multi-family, high-density residential, allowing 150 units per acre maximum. Uses allowed by right include multi-family, senior housing, hospitality, assisted living facility (ALF) and limited commercial.

Fisher Auction Co. Inc. will be conducting the auction on Nov. 9 at 11a.m. at the Hilton Miami Airport, 5101 Blue Lagoon Dr. Telephone and Internet bidding will also be available. The property will be sold to the highest bidder above $5,000,000.

This property is offered exclusively by Coldwell Banker Commercial NRT.For additional information, please contact Alan Kaye at 954-558-8058 or Maggie Hernandez Sanchez and Mason Harris at 786-446-8674.