Rare redevelopment opportunity in one of Miami’s most desirable urban corridors, just minutes from Coconut Grove, Coral Gables, and Brickell. Situated on an oversized lot, 2300 S Miami Ave offers strong potential for the development of two luxury residences, with the possibility of 2- to 3-story homes, subject to municipal approval. The existing one-story Old Spanish-style residence features 4 bedrooms, 3 full baths, 1 half bath, and 4,156 SF of actual area, including spacious in-law quarters with a private bathroom. While the home offers character and architectural charm for a buyer looking to renovate, the true value lies in the land and future redevelopment potential. A rare opportunity for a luxury home developer or end-user to secure a large lot in a prime location with the potential to create two high-end residences in one of Miami’s most sought-after areas.
Based on the average sale price from the Miami Beach, FL office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
2300 S Miami Ave Miami, FL is a Single Family Home for sale at $4800000 with 3539 sqft and a lot size of Acre(s). 2300 S Miami Ave Miami has 4 bedrooms, 3 baths and was built in 1947. The property's zip code is 33129 which is in Miami, FL
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.