4865 NW 7th St
Miami, FL 33127 Flagami

Trustee Realty is pleased to present a rare opportunity to acquire and develop nearly 7 acres of prime waterfront land on Blue Lagoon, centrally located in the heart of Miami.

The property was rezoned and approved by the Miami City Commission in 2019 for a landmark mixed-use development designed by renowned architect Kobi Karp. Zoning provides for the development of 150 units per acre with building heights up to 160 feet. The six-building mixed-use site plan designed by Kobi Karp includes:

• 888 residential apartment units

• 294 hotel keys

This offering provides exceptional flexibility for developers seeking immediate execution, or long-term land banking in one of Miami’s most strategic and supply-constrained submarkets.

The Property is being offered for sale by 7 at Blue Lagoon (1) & (2), as Debtor-in-Possession, pursuant to a Chapter 11 Bankruptcy Sale. The sale is being conducted in accordance with Chapter 11 of the U.S. Bankruptcy Code, Case No. 25-21286-RAM.  Any offer to purchase the Property is subject to approval by the United States Bankruptcy Court for the Southern District of Florida.