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For Sale: Brickell Gateway Development Site | High Density Zoning - Availability Details

201 SW 8th Street & 720 SW 2nd Avenue, Miami, FL 33130

  • For Sale Contact for pricing
  • City Miami
  • Neighborhood Brickell
  • Zip Code 33130
  • Market Miami
  • Property Type Other
  • Lot Size 2.22 Acre
  • Year Built 1994
  • Year Renovated 1997
  • Date Updated 21 Jun, 2021

Colliers, as exclusive marketing advisor, is pleased to present the opportunity to acquire the Brickell Gateway Development Site, a unique property at the main entrance of the Brickell Financial District.​ The property is strategically located on a full city block at 201 SW 8th Street and 720 SW 2nd Avenue, Miami FL 33130, with direct frontage on SW 8th Street.​ The Brickell Gateway development site consists of two parcels totaling 96,628 SF (2.22 acres) with an existing 28,717 net leaseable SF building that is 79% leased and a 7,558 SF Chevron Gas Station on a brand new NNN lease.​ The existing building is leased to multiple tenants, including CVS, McDonald’s and Chevron, providing substantial in-place income with the immediate opportunity of redevelopment into a high-density, mixed-use development.​ The property is located within the Little Havana density overlay, allowing for an increased maximum density of 200 units per acre.​


The Brickell Gateway Development Site is zoned T6- 24A-O, which allows a developer to build up to 9.1 times the property land square footage or a maximum FLR of 879,315 SF, 444 residential units and 48 stories (including bonuses).​ The property represents the unique opportunity to acquire a covered-land, income producing and premiere development site on one of the last full city block corners at the entrance to the Brickell Financial District.​ The central location and high density zoning, makes the property an ideal candidate for high density mixed-use development incorporating retail, office and residential spaces.​

Brickell is undergoing a significant surge in demand for boutique development sites to build mixed-use towers as the city sees increased population growth from other states.​

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Location

  • City Miami, FL
  • Neighborhood Brickell
  • Zip Code 33130
  • Market Miami

Contacts

broker

Gerard Yetming

Colliers International

broker

Mitash Kripalani

Colliers International

broker

Julian Zuniga

Colliers International

broker

Virgilio Fernandez

Colliers International

broker

Nelson Ilceus

Colliers International

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