Unprecedented opportunity: Acquire entire 18,781 SF retail portfolio (11 units) PLUS Transferable Development Rights (TDRs) at 1800 Biscayne Plaza, Edgewater. Fully-leased Class A asset anchored by Chase Bank, adjacent to Publix, surface lot, plus exclusive TDRs, air rights, density rights, and FAR entitlements. Prime Biscayne Boulevard corner location with exceptional visibility. Over 10,000 residential units within 1-mile radius. This rare offering combines stable cash flow from established retail tenants with transformational development upside through partial condominium termination rights. Perfect for institutional investors or developers seeking immediate income plus significant value-add redevelopment potential. Control entire commercial component with development rights in Miami's fastest-growing corridor. Turnkey operation with game-changing possibilities.
275 NE 18th St, #CU1-CU11, 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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