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337 Nw 48th St, Miami, FL 33127

$1,200,000

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List Price: $1,200,000
MLS#: A12114589
Status: ACTIVE
Type: Land

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Property Description

ASKING PRICE IS FIRM. Situated on an expansive 10,800 SQ. FT. LOT (75’ x 144’) in Miami’s rapidly transforming Buena Vista neighborhood, this property presents an exceptional opportunity for investors and developers looking to capitalize on the area’s growing luxury residential market. The property features two separate structures. Classified as Single Family / Ancillary Unit, the property offers an exciting opportunity to reimagine the site with a luxury single-family residence, ancillary living quarters, swimming pool, outdoor entertainment areas, and additional recreational amenities. OR explore subdividing the lot for separate residential development. Newer luxury residences in the surrounding neighborhood have achieved sales prices exceeding $3 million, demonstrating the potential of this desirable location. Bring your architect, your contractor, and your vision. Opportunities to acquire a lot of this size in Buena Vista are increasingly compelling as the neighborhood continues to evolve. Property sold AS-IS. Buyer to independently verify zoning, permitted uses, development potential, existing improvements, and all property information.

305-224-8085

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Additional Information

Days on Market: 1
Tax Amount: $11,291
Parcel Number: 01-31-24-018-0800
Front Exposure: South
Lot Size: 10,800
Address: 337 Nw 48th St, Miami
Development Name: Buena Vista Heights Exten
Development: Buena Vista Heights Exten
Section: 24