$799,999
3 Beds · 2 Baths · 1682 sqft
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, and Miami Shores, 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.
Bedrooms
3
Bathrooms
2
Living Area
1682 sqft
Heating
Central
Cooling
Central Air
Interior Features
First Floor Entry, Other
Style
Detached, One Story
Roof
Other
Exterior Features
Room For Pool
Parking Details
Other
Property Type
Single Family Residence
MLS#
534182662
Year Built
1941
Area
Bisc Gardens Sec A
Days on Market
0
Monthly Payment
$4,959/mo
Listing courtesy of Lifestyle International Realty
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 7/20/2026. 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®.


