5
Bedrooms
3
Bathrooms
3,115
Living Area
1981
Year Built
**Exceptional Waterfront Value-Add Opportunity** This is a rare chance to acquire one of the most significant waterfront properties in the area. Situated on one of the largest lots in the neighborhood, this expansive residence is the largest home in the community and offers direct waterfront access with private dockage for two boats. While the property requires substantial renovation, the fundamentals are outstanding. The bones of the home are excellent, providing a solid foundation for a complete transformation. For buyers with the vision, resources, and experience to undertake a major renovation project, the upside potential is truly extraordinary. The property's size, lot dimensions, waterfront location, and dockage create an opportunity that is increasingly difficult to find. The scope of work has been carefully considered and is already reflected in the asking price, which is significantly below the property's potential market value once renovated so no low ball offers. This property is best suited for financially qualified buyers prepared to take on a substantial project. Please review all photos carefully before scheduling a showing to ensure the property's current condition aligns with your expectations. Serious inquiries only. This is a unique opportunity to create a premier waterfront estate while capturing significant value through renovation.
Bedrooms
5
Bathrooms
3
Half Baths
1
Living Area
3115 sqft
Stories
4
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air, Electric
Interior Features
Cooking Island, Fire Sprinklers, French Doors, Other, Walk-In Closet(s)
Style
Garden Apartment, Other, Corner Unit
Roof
Other Roof/Roof Structure, Other
Exterior Features
Fruit Trees, Exterior Lights
Garage Spaces
2
Parking Details
2 Or More Spaces, Awning, Covered, Detached, Parking Garage
Property Type
Condominium
MLS#
512231788
Year Built
1981
Area
Poinciana Is Yt & Rcq Club
HOA/Maintenance
$1,866/mo
Days on Market
6
Listing courtesy of Sellstate Priority Realty Netw
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 6/18/2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.