Description
One or more photo(s) has been virtually staged, AI generated or rendered. Prime Development Opportunity of a double lot that is in process of being subdivided, in Palmetto Bay. Sprawling 54,450 SQ FT lot offering unparalleled versatility in Miami's premier suburban sanctuary. Build the ultimate luxury estate of your dreams with endless space for a private pool, tennis courts, a soccer field, and a tropical oasis. Alternatively, leverage the massive acreage with the potential to divide the land into 2 separate folios for a high-yield development project. Nestled in a highly sought-after neighborhood famed for its peaceful vibe, low-density streets, and top-rated A+ public and private schools. Enjoy close proximity to historic Old Cutler Road, pristine parks, and Biscayne Bay. Don't miss this blank canvas to create a custom masterpiece or maximize your investment return. Location, space, and endless potential! READY PLANS TO BE SUBMITTED FOR CITY APPROVAL Rare opportunity to acquire a residential property with an existing subdivision application and development plans. The property is being offered with the potential to create two residential lots, subject to applicable County approvals, requirements and final recording. Buyer to independently verify all subdivision, zoning, permitting and development requirements RENDERS SHOW THE TWO HOUSES THAT CAN BE BUILT IN THIS AMAZING CANVAS
Details
| MLS # | 226035282 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 43 |
| Listing Provided By | Group 3 Realty | Alicia Belaunde |
Features
| Zoning | 2100 |
|---|---|
| Acreage | 1.25 |
| Water Front | Yes |
| Property View | Yes |
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Lot Features | Corner Lot |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Utilities
| Utilities | None |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Annual Amount | 24271 |
|---|---|
| Tax Block | 13 |
| Tax Legal Description | ¤34 55 40 1.25 AC W1/2 OF NE1/4 OF SW1/4 OF SW1/4 OF NW1/4 LOT SIZE IRREGULAR OR 12520-2939 0485 1 F/A/U 30-5034-000-0350 |
| Tax Year | 2025 |
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | PALMETTO |
| Zip Code | 33157 |
| Area | NOT APPLICABLE |
| Community Name | NOT APPLICABLE |
| Listing VS Median (in NOT APPLICABLE) | |
Price: $2,360,000 low | high Med: $299,900 On site: 43 low | high Med: 57 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | PALMETTO |
| Zip Code | 33157 |
| Area | NOT APPLICABLE |
| Community Name | NOT APPLICABLE |
| Listing VS Median (in NOT APPLICABLE) | |
Price: $2,360,000 low | high Med: $299,900 On site: 43 low | high Med: 57 | |