$629,989
2 спальни · 1 ванная · 849 кв. футов
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.
Спальни
2
Ванные
1
Жилая площадь
849 кв. футов
Отопление
Central, Electric
Кондиционирование
Central Air
Внутренние характеристики
First Floor Entry, No Additional Rooms
Стиль
Detached, One Story
Кровля
Built-Up
Площадь участка
7800 sqft
Детали парковки
Driveway
Тип недвижимости
Single Family Residence
MLS#
527517165
Год постройки
1950
Площадь
Palomar Sub
Дней на рынке
0
Ежемесячный платёж
$3,905/mo
Объект предоставлен любезно American Real Estate & Mortgage LLC
Информация об объявлении считается достоверной, но не гарантируется. Все объекты могут быть проданы, изменены или сняты с продажи. Данные последний раз обновлены 7/8/2026. Объявление предоставлено любезно MLS ассоциации REALTORS® Miami. Данные о недвижимости, выставленной на продажу на этом сайте, частично поступают из программы Internet Data Exchange (IDX) ассоциации REALTORS® MIAMI.


