$1,149,999
Rarely available oversized double lot offering exceptional development potential in a rapidly evolving area just outside Miami Shores. Situated on an 11,500 Sq Ft lot and positioned in a neighborhood experiencing significant redevelopment, this property offers the scale and flexibility rarely found in this location, without being subject to Miami Shores governance. The property is currently improved with a completely renovated, turnkey 2-bedroom, 1-bathroom home plus a separate 1-bedroom, 1-bathroom guest house, allowing an investor to generate immediate use or income while planning future development. Zoned duplex, the property presents multiple paths to maximize value, including the potential to divide the double lot, retain the existing turnkey home on one parcel, and develop a new townhouse or residence on the other, subject to applicable approvals. Whether pursuing a ground-up development, lot separation, additional dwelling, or a combination of existing and new construction, this is a rare opportunity to acquire land with both immediate utility and significant future upside. Ideally located just two blocks from Miami Shores and directly across from Miami Country Day School, the property offers a compelling combination of location, flexibility, and long-term investment potential.
A12070144
MLS
10901 NE 3rd Avenue, Miami