Midtown Crossing

Trophy asset with immediate and long-term development potential.

Midtown Crossing is a +/- 47,379 SF mixed-use trophy asset with immediate and long-term development potential on a +/- 1.22-acre site in the heart of Miami’s Midtown district.

This exemplary opportunity features premier tenants such as Anatomy, Miami Ad School, Two Roads Development, and Knotel. As leases expire, buyers can align rental rates with market levels and drive significant NOI growth in the near term. The property requires little to no deferred maintenance as the asset benefited from recent capital improvements, including a new roof installed in 2023 and a full HVAC replacement completed during a 2018 comprehensive building upgrade.

Midtown Crossing’s development options include: moving forward with substantially approved plans for a +/- 73,000 SF boutique office and retail project on the north parcel (222 Midtown); repositioning the three south parcels – including the existing structure – for long-term redevelopment into a +/- 434,000 SF state-of-the-art office tower (225 Midtown); or leveraging the Live Local Act to develop a high-density multifamily project on the site, which could permit up to 60 stories and 1,000 units per acre. Lastly, the site’s position within a federally designated Opportunity Zone offers qualified investors the ability to eliminate capital gains taxes after a 10-year hold.

Large-scale development sites are scarce in Miami, where demand continues to rise. Midtown Crossing combines stable in-place income, liberal zoning, and prepared development plans. This rare offering provides an opportunity to secure a lasting presence in one of Miami’s most competitive and globally recognized urban markets.