$629,989
2 Quartos · 1 Banheiro · 849 pés²
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.
Quartos
2
Banheiros
1
Área Útil
849 pés²
Aquecimento
Central, Electric
Refrigeração
Central Air
Características Internas
First Floor Entry, No Additional Rooms
Estilo
Detached, One Story
Telhado
Built-Up
Área do Terreno
7800 sqft
Detalhes do Estacionamento
Driveway
Tipo de Imóvel
Single Family Residence
MLS#
527517165
Ano de Construção
1950
Área
Palomar Sub
Dias no Mercado
0
Parcela Mensal
$3,905/mo
Imóvel oferecido como cortesia de American Real Estate & Mortgage LLC
As informações do imóvel são consideradas confiáveis, porém não garantidas. Todos os imóveis estão sujeitos a venda prévia, alteração ou retirada. Dados atualizados pela última vez em 7/8/2026. Anúncio fornecido como cortesia da MLS da Miami Association of REALTORS®. Os dados relativos a imóveis à venda neste site provêm, em parte, do programa Internet Data Exchange (IDX) da MIAMI Association of REALTORS®.


