Calling all new construction developers or end users. The ideal lot to maximize gains or build the most equity, this elevated 3 sided lot on prestigious South Bayshore Drive in North East Coconut Grove. Lot is unique being the only lot that is 3 sided and is elevated 8 feet allowing for a partial water view from a rooftop balcony. Lot is in flood zone X allowing for 3 story home with less lot coverage than a comparably sized 2 story. New construction in the area starts at $1800 psf. New construction in flood zone X is subject to extremely low cost flood insurance. Ideal location; walking distance to Kennedy Park and Ransom Everglades Middle School.
Property Type :
Land
Subdivision :
Fairview
County :
Miami-Dade County
Style :
Land
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ByOwner last updated this listing 04/29/2024 @ 22:05
MLS: A11560691
LISTED BY: Barbara Elmir, One Sotheby's International Realty
SOURCE: SEFMIAMI
Buyer Agency Compensation: 3%
Buyer Agency Description: BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.
