Biscayne Park Prime Corner Development Site. Miami’s has secured its position as one of the World’s Great Global Cities, and this site is one of the few remaining undeveloped tracts along its most magnificent promenade, Biscayne Boulevard. The site has underlying BU-1 zoning, permitting for commercial, retail, hotel, medical and office applications. There is an on-site 25 room motel which generates upwards of $400k + Net per year, and can keep generating the until you decide to build. Premium high-traffic location fronting Biscayne Blvd. with incredible visibility of over 44k cars per day passing by. The area is already starting to experience a building boom, with several ongoing luxury projects going vertical nearby and adjacent. Located under 10-15min from Miami Beach, Bal Harbor Shops, Surfside, Wynwood, and Miami Design District.