Development Upside

• All utilities are on site!! No utilities easements & no extensions known.

  • Off-market teardown / infill opportunity on an approximately 9,000 SF canal-front lot in Miami’s established Central Miami Part 3 neighborhood. The existing residence dates to 1947, creating a potential redevelopment opportunity for a new single-family residence.

  The immediate South Waterway corridor is already seeing new luxury residential construction, supporting the area’s ongoing transition toward larger, higher-end homes. One of the strongest nearby examples is another new construction on the same street, also situated on a 9,000 SF canal-front lot.

  The subject’s canal frontage provides an attractive design element for a future build, with the potential to orient new construction around water views and private outdoor living.

  • No existing pool in the backyard, helping make the teardown more cost-efficient by eliminating the additional expense of pool demolition and removal.

• FEMA Flood Zone X, providing a favorable flood-zone designation for a canal-front redevelopment site. The property is outside the Special Flood Hazard Area, while higher-risk AE and AH flood zones begin approximately 78 feet and 470 feet from the site, respectively.

  Centrally positioned near Coral Gables and South Miami, with convenient access to shopping, dining, schools, and major roadways, the site offers developers an infill opportunity in an established residential neighborhood where new construction is already commanding premium pricing.