ESCOTTONIA PARK

2650 Biscayne Blvd, Miami FL 33137

Closed

$13,495,000

12.93%

Est. Payment $71,826/mo

MLS Sheet Video

219

Days on Market

Description

Prime covered land assemblage in the core of Edgewater, a neighborhood that is quickly growing & has extremely central location connecting Downtown, Midtown, Arts + Entertainment, Design District, & Wynwood. Comprised of 5 previously assembled parcels w/ a total of 0.70 acres & features frontage spanning a full city block along Biscayne Blvd. Most notably, included in the sale is a sizeable fully-operational office building of nearly 14,000 leasable SF which can be adapted for a retail use or immediately leased to an office tenant. Additionally, there are 3 existing multi-family buildings totaling 8,151 SF of additional leasable area & a paved parking lot. Zoned T6-36A-O, the assemblage allows a developer to build up to 36 stories & 103 multi-family units, or 206 hotel keys before bonuses.

Facts

MLS#: A11357590
Subdivision: ESCOTTONIA PARK
Property Type: Commercial Land
Property Sub Type: —
Year Built: —
Lot Size: 30,492 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 219 days
Listed: Mar 15, 2023
Last Updated: Jul 2, 2024
Price/Lot Sq.Ft.: $443/ft²

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/2/2024	Sold	$13,495,000
7/20/2023	Price change	$13,495,000+12.9%
3/15/2023	Listed for sale	$11,950,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

2650 Biscayne Blvd, Miami FL 33137Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Hammock Pointe Elementary School
PK,KG,1,2,3,4,5 · public · 0.7 mi
High Point Academy
KG,1,2,3,4,5 · private · 0.9 mi
North Broward Preparatory School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Academic High School For The Arts
PK,KG,1,2,3,4,5,6,7,8 · private · 0.9 mi
North Broward Preparatory School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.0 mi
Olympus International Academy
KG,1,2,3,4,5,6,7,8 · charter · 1.1 mi
Coral Sunset Elementary School
PK,KG,1,2,3,4,5 · public · 1.3 mi
South Florida Jewish Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.4 mi
Hadar South Florida High School for Girls
9,10,11,12 · private · 1.4 mi
Donna Klein Jewish Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.4 mi

Estimated Monthly Payment

$83,222/mo

Principal & Interest

$71,826

Property Tax

$11,246

Insurance

$150

HOA

Down Payment20% ($2,699,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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