Real Estate

Edgewater Unity church plans to sell two-acre waterfront lot

Unity on the Bay said it has received unsolicited bids of more than $40 million. With land prices soaring in Miami, a nondenominational church plans to sell a two-acre bayfront plot in Edgewater that has been its home since 1961.

“We were faced with making costly improvements and renovations in order to remain here,” said the Rev. Christopher Jackson, who has led the congregation at Unity on the Bay for nine years. “Property values in Edgewater have gone up considerably and we’ve been approached by several developers over the years.”

Jackson said the church had received offers of more than $40 million before deciding to place its land on the market.

The property at 412 NE 22nd St. sits directly north of the luxury condo tower Paramount Bay and west of an older, mid-rise residential building. It has an unobstructed view of Biscayne Bay looking to the southeast.

“This is definitely an ideal site for a high-rise condo,” said broker Adam Greenberg of Newmark Grubb Frank Knight, which is handling the sale. “It’s that southernmost district where Edgewater meets the Omni. It’s a pedestrian-friendly area that’s very close to the urban core.”

Unity hasn’t set an asking price, but Greenberg said he expects the land to trade for at least $40 million.

Other waterfront sites have sold for massive prices in the last year, including a 1.25-acre parcel at the mouth of the Miami River that went for $125 million.

The church’s property is home to three buildings: a mansion and guest house built in 1916 that serve as offices and classroom space, and a sanctuary built when Unity took over the land more than 50 years ago.

Jackson hopes the proceeds of the sale will allow the church to relocate and build a school, performing arts space and alternative healing center for practices such as yoga, as well a new place of worship.

The current location is in need of serious repair, Jackson said. “Whenever we have any rainfall at all, we refer to our parking lot as Lake Unity,” he said.

Unity has a reputation as an inclusive congregation. In January, the church hosted a wedding for about 20 same-sex couples. It draws between 500 and 700 people to its Sunday morning services and first opened in Miami in 1927.

The church is looking at new locations in the Wynwood area and along the Biscayne corridor, said Eddie Dominguez, president of Unity’s board of trustees.

Peter Mekras, a broker at Continental Real Estate who is not affiliated with the deal, said the church should have no problem selling its land.

“Large-scale waterfront sites that have unobstructed view corridors like this don’t really exist anymore,” Mekras said.

Even in a market that’s cooling down, Unity will have plenty of offers, he added.

“If any developer is going to roll the dice — even if they feel like the market is changing — it’s going to be on a property like this,” he said.

Source: Edgewater church plans to sell two-acre waterfront lot | Miami Herald Miami Herald

Edgewater Midtown Design District

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460 NE 28 St Miami, FL 33137

Icon Bay

Icon Bay is a 40 story luxury tower designed by Philippe Starck, featuring 300 exclusive 1 to 3 bedroom residences with direct unobstructed panoramic views of the bay and Miami Beach Skyline.

Neighborhood: Miami Real Estate
Developer: Related Group
Architect and interior design: Arquitectonica
Landscape Architect: GEO Arquitectonica
Number of stories: 40
Number of residences: 300
Ceiling hight: 10 feet / 3 meters
Residence mix: 1 to 3 bedroom
Residence sizes: from 964 sf / 86 m² to 1,530 sf / 142 m².

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Icon Bay is located on the bay between NE 28th and NE 29th street. Right off Biscayne boulevard, going east on 28th street. Minutes away from Brickell, Downtown, Design District, Midtown and Miami beach.

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Designed by world renowned Arquitectonica (architects of Icon Brickell)
Landscape design of bay front park by GEO Arquitectonica (landscape designers of Museum of Modern Art in Miami)

Building Features:

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Ground floor lobby

Lobby mural

Amenities hallway

Club Room 3

Club Room 4

Club Room 1

Park 1

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Park 6

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  • 300 waterfront units
  • 40 story tower
  • 9’foot high ceilings
  • 8 residences per floor
  • ALL units facing Biscayne Bay with amazing views of South Beach
  • Modern unique designed facades with faceted glass railing balconies
  • ALL units with Private elevators
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Phone Number: 1(786)577-5415
460 NE 28th St Miami FL 33137

Floor Plans

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Residence 01
2 bedroom + den 2.5 bathrooms
1,435 sf / 134.70 m² interior space
Total: 1,616 sf / 150.1 m²

Residence 02
1 bedroom + den 1 bathroom
964 sf / 86.2 m² interior space
Total: 1.129 sf 104.8 m²

Residence 03
2 bedroom + den 2.5 bathrooms
1,173 sf / 108.9 m² interior space
Total: 1,335 sf / 124 m²

Residence 04
2 bedroom + den 2.5 bathrooms
1,173 sf / 108.9 m² interior space
Total: 1,335 sf / 124 m²

Residence 05
2 bedroom + den 2.5 bathrooms
1,208 sf / 112.2 m² interior space
Total: 1,370 sf / 127.2 m²

Residence 06
2 bedroom + den 2.5 bathrooms
1,138 sf / 105.7 m² interior space
Total: 1,300 sf / 120.70 m²

Residence 07
2 bedroom + den 2.5 bathrooms
1,180 sf / 109.7 m² interior space
Total: 1,342 sf / 124.6 m²

Residence 08
3 bedroom 2.5 bathrooms
1,530 sf / 142.1 m² interior space
Total: 1,758 sf / 163.3 m²

Penthouse floor plans are available upon request.