by RH Advisors

Check Availability
$9,500,000
Property - For Sale

380 NE 32 ST

Miami, FL 33137
bedrooms
Studio
bathrooms
0 Bath
$56,668
Estimated Monthly
$0
HOA / Fees
-1.10%
Cap Rate

About This Property

Unimproved vacant land between NE 31 & 32 Street, East of US1 in the Edgewater section of Miami. T6-36A-L zoning allows 150 units per acre as a matter of right (thus allowing up to 78 residential units or 156 hotel keys as per zoning). Under the Miami-21 Zoning Code, the T6-36A-L zoning on this property allows for the maximum height that can be built which is 36 stories. This is a prime location for development given its close proximity to Biscayne Blvd., 1-195, the Design District and the Arts & Entertainment District. Move quickly on this as this one won't last long.
Unit Size
-
Days on Market
92 days
Land Size
0.53 acres
Price per sqft
-
Property Type
Property
Property Taxes
$10,021
HOA Dues
-
Year Built
-
Listed By
Carlos Machado
Hibiscus Realty Group
Last updated: 3 months ago (Miami MLS #A11526468)

Price History

Date / Event Date Event Price
Feb 2, 2024 Listed by Hibiscus Realty Group $9,500,000
Listed by Hibiscus Realty Group

Property Highlights

Exterior Details

Building Information

Building Area Units: Square Feet

Lot Information

Lot Features: Central Business District, City Location, Less Than 1 Acre
Lot Size Units: Square Feet
Lot Size Square Feet: 22991
Lot Size Dimensions: 0x0

Land Information

Water Source: Municipal Water
Financial Details
Tax Legal Description: Lot 2 and 3, Lot 4 less the West 10 feet therof, in Block 1, of BROADMOOR, according to the Plat thereof, as recorded in Plat Book 2, Page 3
Tax Annual Amount: $120,248
Tax Year: 2022
Parcel Number: 01-32-30-013-0022
Property is Zoned: T6-36A-L

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
8 Baths
6,574 ft²
$1,384/ft²
$9,100,000 Jun 12, 2023
$9,100,000 Dec 27, 2023
$6,784/mo
House
4 Beds
5 Baths
2,906 ft²
$2,340/ft²
$6,800,000 Aug 22, 2023
$6,800,000 Sep 29, 2023
$1,164/mo
House
6 Beds
7 Baths
5,928 ft²
$1,274/ft²
$7,550,000 Apr 30, 2023
$7,550,000 Dec 13, 2023
$3,100/mo
Condo
5 Beds
7 Baths
4,796 ft²
$1,564/ft²
$7,500,000 Mar 1, 2023
$7,500,000 Jan 24, 2024
$11,154/mo
Other
Loft
-
-
$10,000,000 Nov 24, 2023
-
$1,505/mo
Condo
Stu
-
3,587 ft²
$2,370/ft²
$8,500,000 Oct 27, 2023
-
$4,484/mo
Condo
4 Beds
6 Baths
3,887 ft²
$2,303/ft²
$8,950,000 Sep 11, 2023
-
$11,032/mo
Condo
5 Beds
6.5 Baths
4,725 ft²
$1,693/ft²
$8,000,000 Feb 21, 2022
-
-
Condo
5 Beds
6.5 Baths
4,735 ft²
$1,690/ft²
$8,000,000 Feb 21, 2022
-
-
House
7 Beds
9 Baths
6,600 ft²
$1,665/ft²
$10,990,000 Nov 27, 2023
-
$2,926/mo
Condo
5 Beds
6.5 Baths
4,735 ft²
$1,605/ft²
$7,600,000 Feb 21, 2022
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230207
02/07/2023
Loft
-
-
$11,000,000
bedrooms
Loft
bathrooms
-
-
-
-
Carlos Machado
Hibiscus Realty Group

Building Info

380 Northeast 32nd Street 380 Northeast 32nd Street, Miami, FL 33137
  • 1 Unit for Sale
More about this Building
380 Northeast 32nd Street
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