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5445 & 5501 Biscayne Blvd, Miami FL 33137

Commercial Active With Contract
$8,500,000

BTC: 109.96119017

ETH: 3,470.80440996

134 days
0 room(s)

Overview

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.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.85 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,932,500
$287K – $8.9M
Confidence Low
List vs. estimate
$6.6M above estimate
List $8,500,000 · +339.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.9M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$42,488
2026
All facts and features
  • Lot

    • Lot: 0.85 Acres

    Other Property Information

    • Parcel Number: 01-32-18-028-0010

    • Zoning: 4801

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Commercial

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $42,488

  • Source details

    • MLS ID: A11995871

    Other facts

    • Lot Features: Central Business District / Corner Location / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 335x115

    • Subdivision Name: BAYSHORE PLAZA

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc