$629,989
2 habitaciones · 1 baño · 849 pies²
ATTENTION INVESTORS & DEVELOPERS — RARE R5 OPPORTUNITY This is a high-upside, infill development opportunity in a prime Biscayne corridor location. The 7,800 SF R5-zoned lothas received city confirmation allowing 3–7 residential units and qualifies for the Floating Density Factor, creating significant flexibility and upside. City correspondence confirming potential unit count is available upon request. This is a R-5 and conditional for 7 units. Seller will not review low ball offers. Thank you!! An existing single-family residence sits on the property, offering a strategic advantage: the ability to secure conventional financing and deploy capital toward redevelopment—a major win in today’s lending environment. Opportunities like this do not last. R5 lots with documented density potential are extremely limited. VALUE-ADD & EXPANSION POTENTIAL • Adjacent parcel may be available, allowing assemblage and expansion to up to 14 units. • Proven development success across the street, where an investor has completed 18 units, validating density and market demand. • Strong rental demand fueled by proximity to Biscayne Park, Biscayne Blvd, restaurants, retail, and nightlife, all within walking distance. This is an ideal play for developers, builders, and long-term investors seeking density, location, and scalable upside in a supply-constrained market.
Habitaciones
2
Baños
1
Área Habitable
849 pies²
Calefacción
Central, Electric
Refrigeración
Central Air
Características Interiores
First Floor Entry, No Additional Rooms
Estilo
Detached, One Story
Techo
Built-Up
Tamaño del Terreno
7800 sqft
Detalles de Estacionamiento
Driveway
Tipo de Propiedad
Single Family Residence
MLS#
527517165
Año de Construcción
1950
Área
Palomar Sub
Días en el Mercado
0
Pago Mensual
$3,905/mo
Propiedad ofrecida por cortesía de American Real Estate & Mortgage LLC
La información de la propiedad se considera confiable pero no está garantizada. Todas las propiedades están sujetas a venta previa, cambio o retiro. Datos actualizados por última vez el 7/8/2026. Propiedad proporcionada por cortesía del MLS de la Miami Association of REALTORS®. Los datos relativos a los bienes raíces en venta en este sitio web provienen en parte del programa Internet Data Exchange (IDX) de la MIAMI Association of REALTORS®.


