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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, 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.
Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.