| PROPERTY ID | 01-32-18-028-0010 | PRICE | $8,500,000 |
| PROPERTY SIZE | 38,800 ft² | LAND AREA | 38,800 ft² |
| YEAR BUILT | PROPERTY TYPE | Sale | |
| PROPERTY STATUS | Active |
A rare chance to own a piece of Biscayne Boulevard. Morningside Place is a 0.88-acre corner assemblage at the southern gateway of Miami’s MiMo Historic District, one of the city’s most characterful and walkable corridors. The vision is already drawn and the approvals are well advanced, so the next owner steps in past the slowest part of the journey.
Two designed paths are in play on the same approval base. The first is a lively mixed-use concept: two MiMo-styled buildings with 31 residences above ground-floor shops and dining, joined by a sky bridge and crowned with a shared rooftop terrace. The second is a streamlined all-commercial plan for those who prefer a simpler program. Either way, the architecture and site plan carry the same approvals forward.
Designed by DBLewis Architect with land use counsel from Bercow Radell Fernandez & Larkin, the property offers roughly 335 feet of Biscayne frontage, an easy stroll to the neighborhood’s celebrated restaurants and cafes, and verified T4-O zoning. A genuinely flexible canvas in a district where opportunities like this rarely come available. Offered at $8,500,000.
All information is from sources deemed reliable but is not guaranteed and is subject to buyer’s independent verification. Entitlement, permit, zoning, and waiver approvals are advanced and active, with certain final sign-offs and reviews still in process and subject to change.
0.88-AC (38,471 SF) two-parcel corner assemblage on Biscayne Blvd in the MiMo Historic District; verified T4-O
Two designed options on one approval base: a 31-unit mixed-use program or an all-commercial repositioning
Advanced historic, zoning, and waiver approvals bound to the site by recorded covenant (ORB 33339 PG 2572)
Zoning Waiver PZ-19-2220 approved 10/24/2024; HEPB approval R-19-057 and Resolution PZ-19-4393
Setback waivers to 0′ on Biscayne Blvd; 30% transit-corridor parking reduction (52 vs 79 spaces)
Lodging-Inn (short-term-rental) approval for 25 of 31 units, not recreatable under current Miami 21 standards
Estimated 18 to 30 months of entitlement timeline saved versus an unentitled site
~335 ft frontage on Biscayne Blvd (US-1), ~67,000 AADT; corner at NE 55th St/Ter; Flood Zone X
Plans by DBLewis Architect; land use counsel Bercow Radell Fernandez & Larkin
Construction documents submitted to the City Building Department (in review)
| Address: | 5445 & 5501 Biscayne Blvd | City: | Miami |
| State/county: | FL | Zip/Postal Code: | 33137 |
