49 NW 5th Street
Downtown Miami, Florida 33128
Colliers International Urban Core Division is pleased to offer the opportunity to acquire the Citadel: a +/- 38,000 SF, core trophy development site positioned directly east to the entrance of MiamiCentral Station. Citadel is a true covered land play with an existing office structure producing over $1.8M in Net Operating Income annually and less than two years remaining on the current lease. The site’s current zoning allows developers the ability to construct up to 60 stories of residential, office, hotel, retail and general commercial uses - while being surrounded by over $4B in planned development from Miami World Center. Altogether, this offering presents a rare opportunity to acquire a cash flowing trophy site while positioning the property for future ground-up development.