{"id":10087,"date":"2025-02-21T11:00:05","date_gmt":"2025-02-21T16:00:05","guid":{"rendered":"https:\/\/www.lee-associates.com\/southflorida\/?p=10087"},"modified":"2025-02-21T13:57:45","modified_gmt":"2025-02-21T18:57:45","slug":"lee-associates-south-florida-obtains-premier-miami-development-assemblage-investment-sales-listing","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/southflorida\/2025\/02\/21\/lee-associates-south-florida-obtains-premier-miami-development-assemblage-investment-sales-listing\/","title":{"rendered":"Lee & Associates South Florida Obtains Premier Miami Development Assemblage Investment Sales Listing"},"content":{"rendered":"
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\n\t\t\"Principal\n\t<\/div>\n\n

Principal Michael Hinton tapped to exclusively market Biscayne Boulevard development site with $32 million asking price<\/h3><\/div><\/div><\/div><\/div>
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\"\"<\/a>MIAMI, FL (February 21, 2025)<\/strong> \u2013 Lee & Associates South Florida<\/a> Principal Michael Hinton, CCIM<\/strong><\/a>, secured the exclusive investment sales listing for a high-density development assemblage located on Miami\u2019s Biscayne Boulevard. The six-parcel site is being marketed with a $32 million asking price.<\/p>\n

The 36,998-square-foot assemblage at 3350 Biscayne Blvd.<\/a> has existing zoning approvals for a 172-unit high-rise development. Its seller is in the process of applying for a significant density increase under the Live Local Act, however. Once that application is approved in the next few months, the eventual owner could build a 47-story, 499-unit tower with a mix of luxury and workforce housing units.<\/p>\n

\u201cThis offering is a rare opportunity to acquire a high-density development site with a Biscayne Boulevard address in the highly desirable Edgewater Miami neighborhood,\u201d Hinton said. \u201cThe pending Live Local Act application would maximize the site\u2019s potential and benefits to the city. We are already receiving substantial interest from prospective buyers.\u201d<\/p>\n

Based in Miami, Hinton has more than 25 years of experience specializing in investment sales. He is the 2025 President of the Florida chapter of influential industry organization CCIM. Hinton\u2019s transaction output exceeds $253 million in total value, including a recent landmark development site for a brand New Luxury Tower in Edgewater dubbed \u201cTower 36\u201d that closed in late 2024 for $53 million.<\/p>\n

Hinton, who joined Lee & Associates South Florida in fall 2024, is a sought-after advisor for a wide range of clients, including Union Planters Bank\/Regions Bank, Commercebank\/Mercantil Bank and Principal Global Real Estate Investments.<\/p>\n

\u201cIn just a short time since joining our firm, Michael Hinton is already obtaining big-ticket investment sales listings like this incredible Edgewater Miami development assemblage,\u201d Lee & Associates South Florida President Matthew Rotolante said. \u201cBetween Michael\u2019s relationships and our best-in-class platform and referral network, I have no doubt he will produce a favorable outcome for this client.\u201d<\/p>\n

For more information on Lee & Associates South Florida\u2019s recent transactions and available listings, visit www.leesouthflorida.com<\/p>\n<\/div>\n<\/div><\/div>

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About Lee & Associates | South Florida<\/u><\/strong><\/a><\/p>\n

Lee & Associates | South Florida is a fully vertical commercial real estate brokerage firm focused on industrial, office, retail, multifamily, investment and land sectors. Our dedicated team of professionals is led by Matthew Rotolante, CCIM, SIOR a 4th generation South Florida native in a family that has owned and operated commercial property here since 1928. Lee & Associates is the largest agent owned brokerage in the nation with Senior Agent\u2019s ability to earn profit share resulting in the highest splits while still receiving full resources, support and leads from our national network. Our collaborative and cheerful culture allows for open communications throughout the company, fostering the sharing of information and best practices to better enable client decision making.\u00a0 The Lee & Associates\u2019 robust national network that sold and leased over $115 Billion over the last 5 years offers clients a cross-market platform of expertise and deal opportunities across all asset specialties and representation roles. For the latest news from Lee & Associates South Florida, visit leesouthflorida.com<\/a>\u00a0or follow us on\u00a0Facebook<\/a>,\u00a0LinkedIn<\/a>,\u00a0Twitter<\/a>\u00a0and\u00a0Instagram<\/a>, our company local news<\/a>.<\/p>\n

About Lee & Associates<\/u><\/strong><\/a><\/p>\n

Lee & Associates is a commercial real estate brokerage sales, leasing and management firm. Established in 1979, Lee & Associates has grown its service platform to include over 75 offices\u00a0in the United States and Canada. Lee & Associates is the largest agent owned commercial real estate brokerage where agents get the greatest return for their efforts and hence are more committed and better enabled to provide superior results for their customers. \u00a0For the latest news from Lee & Associates, visit\u00a0lee-associates.com<\/a>\u00a0or follow us on\u00a0Facebook<\/a>,\u00a0LinkedIn<\/a>,\u00a0Twitter<\/a>\u00a0and\u00a0Link<\/a>, our company blog.<\/p>\n<\/div>\n<\/div><\/div>

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\n\t\t\t\n\t\t\t\"Lee\n\t\t\t<\/a><\/div>\n\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

MIAMI, FL (February 21, 2025) \u2013 Lee & Associates South Florida Principal Michael Hinton, CCIM, secured the exclusive investment sales listing for a high-density development assemblage located on Miami\u2019s Biscayne Boulevard. The six-parcel site is being marketed with a $32 million asking price. The 36,998-square-foot assemblage at 3350 Biscayne Blvd. has existing zoning approvals for a 172-unit high-rise development. Its seller is in the process of applying for a significant density increase under the Live…<\/p>\n","protected":false},"author":76,"featured_media":10088,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,191,1817,1818,108,2],"tags":[1853],"class_list":["post-10087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-exceptionallee","category-investment-sale","category-land-development","category-multifamily","category-press-releases","tag-michael-hinton"],"yoast_head":"\nLee & Associates South Florida Obtains Premier Miami Development Assemblage Investment Sales Listing - Lee & Associates South Florida<\/title>\n<meta name=\"description\" content=\"Principal Michael Hinton tapped to exclusively market Biscayne Boulevard development site with $32 million asking price\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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