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- 💰 World Cup Payout, New Mixed-Used Development & Beach Resort Unveils!
💰 World Cup Payout, New Mixed-Used Development & Beach Resort Unveils!
Check out how Miami's wealth, culture, industry, and real estate is booming this week!
Joe Biscaha
May 16, 2025
Happy Friday, Miami!
In this week’s update:
⚽️ Miami-Dade Doubles World Cup Hosting Payout to $21 Million Amid Tight Budget: Miami-Dade County has increased its financial commitment to host FIFA World Cup matches from June 19 to July 11, 2025, doubling the payout to $21 million despite ongoing budget constraints.
🏙️ Rare Mixed-Use Development Site with Prime Biscayne Boulevard Frontage Hits Miami Market: Miami’s prime mixed-use development site at 340 Biscayne Boulevard is officially on the market, fully entitled and income-generating. Positioned just steps from key downtown landmarks and offering stunning bay views, the site provides a rare opportunity for developers and investors to create a landmark urban project in Miami’s vibrant core.
🏖️ Fort Lauderdale Beach Resort Unveils Multimillion-Dollar Renovation: Beach House Fort Lauderdale, a Hilton Resort, has completed an extensive multimillion-dollar renovation, refreshing its beachfront property with modern amenities and stylish new design. The makeover brings a fresh vibe to this popular Fort Lauderdale destination, promising guests an elevated coastal experience.
In case you missed it
🎥 Miami's BEST Neighborhoods for Healthy Lifestyles in 2025
In this video, I will unveil Miami's best neighborhoods for healthy lifestyles in 2025!
🌇 Hilco Real Estate Lists Fully Entitled Downtown Miami Development Site
Driving the news: Hilco Real Estate Sales is seeking a partner, investor, or lender for a fully entitled, mixed-use site at 340 Biscayne Blvd. in downtown Miami. The project includes luxury residential, hotel, and commercial uses, positioned as a legacy development opportunity in the city’s urban core.
Details:
Site secured and entitled since 2015 by a developer with a strong Miami luxury portfolio
COVID and financing issues paused progress, now looking for fresh capital
Zoned T6-80-O, allowing a high-density mix of residential, hotel, and commercial uses
Located one block from Brickell Metromover with unobstructed Biscayne Bay views
Income generated by a popular, well-trafficked hotel on site
Expressions of interest due June 16, 2025
Investors already engaged from U.S., Canada, Mexico, U.K., Russia, Singapore
Why it matters: Prime, fully entitled mixed-use sites on Biscayne Blvd. are extremely rare. This parcel offers a turnkey opportunity with high density zoning, income, and one of the best waterfront locations in Miami’s downtown core.
The big picture: While other parcels exist downtown, none match this site’s combination of zoning, views, existing income, and proximity to key landmarks like Bayfront Park and Bayside Marketplace.
What’s next: Hilco is actively marketing the site and reviewing offers. A new capital partner could revive development on what promises to be a Miami skyline landmark.
The bottom line: This is a generational Miami development opportunity — a prime piece of Biscayne Boulevard ready for the next wave of urban luxury living.
Real Estate Insights
What to do this weekend
🖼️ Art Walk on Licoln Road
On the third Thursday of each month, galleries will extend hours, feature new exhibits and welcome guests for artist meet-and greets, giveaways and live performances.
📍 Location: Lincoln Rd, Miami Beach
🗓️ Date & Time: Every third Thursday of each month | 6pm to 8pm
🎟️ Tickets: Free & Open to the public
🔗 More Info
👚 Little River Flea
Shop vintage finds and enjoy food and drink offerings from local vendors.
📍 Location: ZeyZey, 353 NE 61st St, Miami
🗓️ Date & Time: May 17 | 12pm to 4pm
🎟️ Tickets: Free
🔗 More Info
🛋️ Rafi's Sketch Club
Home designer Rafi Inez hosts free sketching meetups for architecture and interior enthusiasts.
📍 Location: Magie, 8281 NE 2nd Ave, Miami
🗓️ Date & Time: May 17 | 6pm
🎟️ Tickets: 21+ event, free glass of wine with RSVP
🔗 More Info
I’m not here to sell you anything. But when you’re ready, here are 3 ways I can help:
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Have a great weekend!!
-Joe