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5220 Biscayne Miami FL 33137 Commercial Land for Sale

Prime commercial land at 5220 Biscayne, Miami, offering up to 1,937,952 buildable sqft near Wynwood and Design District.

$15,900,000

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MLS #A11688521

Listing Updated: 2026-07-13 18:35:59

Listed By: AF Realty

Overview

This exceptional commercial land parcel located at 5220 Biscayne in Miami presents a rare development opportunity. Situated near vibrant neighborhoods such as Wynwood, Midtown, and the Design District, the site benefits from stunning views and significant development potential. With a maximum density of 1,000 units per acre and an FLR of 36, developers can build up to 24 stories, totaling nearly 1.94 million buildable square feet. The property includes two folios, enhancing its flexibility for large-scale projects. This location offers excellent connectivity and proximity to Miami’s dynamic urban core, making it a strategic choice for commercial development.

Property Highlights

Prime location near Wynwood and Design District; 1,937,952 buildable sqft; max 24 stories; FLR 36; 2 folios included; exceptional development potential.

Property Details

City: Miami

State: FL

Zip Code: 33137

Address: 5220 Biscayne, Miami FL 33137

Year Built:

Property Type: Commercial Land

Property Sub Type:

Listing Office Name: AF Realty

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $155,294

Days On Market: 578 Days

Original Listing Description

Attention developers! Best land deal in town, take advantage of the FL Live local act and acquire this phenomenal lot for as low as $9,950 per unit. Exceptional location near Wynwood, Midtown, Design District, Bay Point. Stunning views! Maximum density of 1,000 units/acre or 1,937,952 buildable square footage, an FLR of 36, and a maximum permitted height of 24 stories. 2 folios 01-3219-001-0050, 01-3219-021-0010

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

5220 Biscayne, Miami FL 33137

About This Neighborhood

Located near Wynwood, Midtown, and the Design District, this property benefits from being in one of Miami’s most dynamic and rapidly developing areas. These neighborhoods are known for their cultural vibrancy, art scenes, and commercial activity, attracting a diverse mix of residents and businesses. The area’s ongoing growth supports a strong demand for new development projects, making it a strategic location for commercial real estate ventures.

Walkability & Lifestyle

The location offers excellent walkability to cultural attractions, dining, shopping, and entertainment venues in Wynwood, Midtown, and the Design District. Residents and visitors can enjoy easy access to art galleries, restaurants, boutiques, and parks, enhancing the lifestyle appeal of the area. The proximity to waterfront areas and public transit further supports convenient urban living and working.

Things To Do Nearby

Nearby, you can explore Wynwood’s renowned art galleries and street murals, enjoy diverse dining options in Midtown, or visit upscale shops in the Design District. The area also offers access to waterfront parks and marinas, providing opportunities for outdoor recreation and boating. Cultural events, nightlife, and festivals are common, making it a lively and engaging environment.

Nearby Schools

While this property is commercial land, the nearby neighborhoods of Wynwood, Midtown, and the Design District are served by a variety of educational institutions. Residents and workers in the area have access to public and private schools, contributing to the overall community infrastructure and supporting family-friendly environments nearby.

Why Buyers Like This Area

Buyers appreciate this location for its strategic position near Miami’s key cultural and commercial districts, offering both lifestyle and business advantages. The property’s zoning and size provide flexibility for various development types, appealing to those seeking to build in a thriving urban area. The blend of accessibility, amenities, and growth potential makes it a compelling choice for developers and investors.

Investment Potential

This commercial land at 5220 Biscayne offers substantial development potential with a high floor-to-land ratio and maximum density, appealing to developers focused on large-scale projects. Its proximity to popular Miami neighborhoods enhances its appeal for future commercial and mixed-use developments. While investment returns are not guaranteed, the location and zoning flexibility make this property an attractive option for those looking to capitalize on Miami’s evolving urban landscape.

Market Trends

Miami’s commercial real estate market continues to attract interest due to its expanding urban core and demand for mixed-use developments. Properties with high density and buildable square footage, like this one, are particularly sought after. The market favors locations near cultural and business hubs, with steady interest from developers aiming to leverage zoning advantages and proximity to key neighborhoods.

Rental Income Potential

Given the property’s commercial land status and zoning for high-density development, it holds potential appeal for future tenants once developed. The surrounding neighborhoods have a mix of residential, retail, and office spaces, which supports diverse tenant interest. Seasonal demand and Miami’s year-round activity may contribute to steady occupancy rates for commercial tenants in this area.