Rare opportunity: Sale of 1 retail unit PLUS Transferable Development Rights (TDRs) in Miami's thriving Edgewater. This 1,707 SF Class A retail space (CU-01) at 1800 Biscayne Plaza includes exceptional development components: a surface parking lot on NE 2nd Court, storage areas, plus exclusive TDRs, air rights, density rights, and Floor Area Ratio (FAR) entitlements. Strategically positioned on Biscayne Boulevard with premium visibility and accessibility. Buyer gains exclusive control over partial condominium termination, enabling redevelopment of surface parking parcels and limited common elements exclusively assigned to CU-01. This unique offering combines immediate retail income with transformational development upside—ideal for developers pursuing land assembly opportunities or sophisticated investors seeking value-add strategies in one of South Florida's hottest growth corridors. Turnkey retail with game-changing redevelopment potential.
275 NE 18th St, #CU-1, Miami, FL, 33132
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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