Walmart’s former property in Midtown Miami has been listed for sale.
The property was first listed in July, the broker’s website says.
According to the listing, the site has a total of 5.55 acres.
Zoning allows for around 972 residential units, with over 1.1 million square feet of overall FAR permitted, the broker wrote.
A Brightline station is proposed a short distance away, the listing noted.
The property is currently owned by Midtown Opportunities.
Walmart purchased the property in 2014 for $8.2 million, and then sold the property to Midtown Opportunities for $26.4 million in 2019.
The retail company began building the foundation for a supercenter, but was blocked by Midtown’s Community Development District from obtaining a full construction permit. Construction was halted, and the foundation was later demolished.