About This Property
Residential in Miami
Exceptional redevelopment opportunity in the highly sought-after Biscayne Gardens neighborhood! Situated on an oversized 20,479 sq. ft. multifamily-zoned lot, this property presents an outstanding opportunity for developers, builders, and investors seeking their next project. The existing structure is being offered primarily for land value, making it an ideal candidate for redevelopment.Conceptual renderings included in the listing photos showcase one vision of the site's potential. With multifamily zoning, generous lot size, and strong demand for new housing in the area, this property offers significant upside for those looking to maximize its highest and best use. Luxury homes in the surrounding neighborhood have sold for as much as $3 million, highlighting the area's continued growth and redevelopment potential.Ideally located near major highways, shopping, dining, schools, parks, this prime location further enhances the property's long-term investment appeal. Large multifamily development sites in Miami are becoming increasingly scarce, making this a rare opportunity to secure a substantial parcel in one of Miami's evolving neighborhoods. Buyer to independently verify zoning, density, permitted uses, and development potential with the appropriate municipal authorities.
Features & Amenities
Property Highlights
Roof
- Other
Sewer
- Septic Tank
Levels
- One
Cooling
- Central Air
Fencing
- Fenced
Heating
- Central
Flooring
- Other
Amenities
- None
Utilities
- Cable Not Available
Possession
- Negotiable
Room Types
- Other
LotFeatures
- Room for Pool
WaterSource
- Public
Lot Features
- Room for Pool
Restrictions
- No Restrictions
Water Source
- Public
Listing Terms
- Cash
Other Equipment
- None
Tax Information
- Tax Reflects No Exemptions
Master BedroomBath
- None
Property Condition
- Resale
Acreage Description
- 12 To Less Than 1 Acre Lot
AssociationAmenities
- None
Showing Requirements
- Showing Service
Construction Materials
- Frame
Specifications
Property Details
Location