Miami, Fla. — (March 3, 2015) — One of the last remaining vacant waterfront parcels on Biscayne Bay will hit the auction block Tuesday, March 31. The property, which spans 8.16 acres and is situated in a prime location between Biscayne Boulevard and Biscayne Bay, is currently zoned for condominiums, luxury apartments, commercial or retail.
The unique property is located adjacent to the Jockey Club and across from Indian Creek Golf Club. The property has a minimum starting bid of $19.9 million. The Jockey Club currently has significant redevelopment plans in place. The property to be auctioned is located at 11295 Biscayne Blvd.
“There are very few parcels like this remaining in South Florida and its ideal location will certainly generate a number of potential bidders,” said Lamar Fisher, President and CEO of Fisher Auction Company.
The auction will be held Tuesday, March 31 at 11 a.m. at the Best Western Plus Windsor Inn, 12210 Biscayne Blvd., Miami, 33181. To register and for instructions on how to participate in the auction, visit www.fisherauction.com. Bidding will also be available online and by telephone. All bidders must be pre-qualified.
Fisher Auction Company has previously handled numerous high-profile auctions including the former Versace Mansion, numerous private islands and multi-million dollar mansions of business executives, celebrities and professional athletes.