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Miami's Biscayne Boulevard sees rare land deal

Kolter Multifamily, Altman joint venture plans luxury apartments on 3.23-acre site
A 3.23-acre site at 11240 Biscayne Blvd. along one of Miami's major thoroughfares was recently sold for $15 million. (Colliers South Florida)
A 3.23-acre site at 11240 Biscayne Blvd. along one of Miami's major thoroughfares was recently sold for $15 million. (Colliers South Florida)
CoStar News
November 19, 2025 | 9:45 P.M.

A joint venture between Kolter Multifamily and Altman is moving forward with plans to build a luxury apartment complex after acquiring a 3.23-acre parcel along Biscayne Boulevard for $15 million.

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