Ram Realty Plans 417‑Unit Mixed-Use Development on Biscayne Blvd

Key Points

• 417 New Apartments: Ram Realty proposes an eight‑story, ~715,000 SF residential building with units ranging from studio to two‑bedroom units (580–1,200 SF).

• Project Scope: Includes 630 parking spaces, amenities like a dog spa, gym, co‑working center, along with a pool area featuring cabanas.

• Future Commercial Leg: A planned second phase envisions 55,000 SF of commercial space fronting Biscayne Blvd. and 228 additional parking spots.

Ram Realty has filed a pre‑application for a significant mixed‑use project at 11320 Biscayne Blvd, Miami‑Dade County. The proposal launches with a residential component of 417 units and hints at a later commercial build. 

Project Overview: Residential First, Commercial Later

Development Specs

• Scope & Scale: An eight-story mid-rise over a 7.08-acre site, formerly a mobile home park and other commercial buildings—now slated for demolition.

• Residential Build: Approximately 715,000 sq ft, housing 417 units ranging from studios to two-bedroom layouts (580–1,200 sq ft).

Amenities & Parking

• Support Infrastructure: Features a multi‑level garage with 630 parking spaces.

• Resident Perks: Gym, co‑working center, dog spa, plus a pool with cabanas—a curated amenity package that aligns with modern renter expectations.

Future-Phase Commercial Plans

• Commercial Addition: On the eastern edge, developers intend to add 55,000 sq ft of commercial space accompanied by 228 parking stalls.

Design & Ownership

• Architect: Designed by CBA Architects.

• Acquisition Price: Ram Realty acquired the site in 2024 for $13.5 million.

Context & Strategic Insight

Market Evolution

This project reflects a broader trend in Miami: evolving former mobile home parks into town-scale mixed-use developments, blending density with lifestyle amenities to attract renters and consumers alike. Yet, unlike many contemporaries, Ram Realty starts with residential—a methodical, phased approach.

Zoning & Planning Hurdles

2019–2023 filings for this acreage (including parcels at 11320, 11340, and 11380) show active pursuit of rezoning to BU‑2, mixed-use approvals, frontage variances, and CDMP amendments. As of mid‑2024, county staff recommended indefinite deferral, pending amendments. Investors and brokers should monitor public‑hearing schedules and local political winds.

Competitive Landscape

Ram Realty isn’t alone in targeting Biscayne’s transformation. In 2023, the firm proposed a similar project: 400 units, including 50 workforce housing, plus ~50,000 sq ft of retail at adjacent addresses—showing strategic consistency in land use vision.

Why It Matters to Landlords & Brokers

• Phased Execution: Starting with housing allows income generation early. Once stable, the commercial phase can capitalize on built‑in traffic and footfall.

• Amenity-Forward Appeal: Strong amenity mix aligns with current rental preferences—maximizing lease-up speed and value-per-square-foot.

• Rezoning Watch: Regulatory outcomes will be key—developers and investors should track rezoning trajectory and public comment cycles.

• Miami Demand Driver: Miami’s continued population influx and residential demand create a fertile backdrop for such mid-rise developments.

Ram Realty’s project at 11320 Biscayne Blvd is a textbook example of smart, phased mixed-use development in action—residential first, commercial up next. With solid amenities and a thoughtful land acquisition strategy, it stands to deliver strong investor appeal if permitting proceeds as planned. Watch for zoning updates and leasing milestones to gauge momentum.