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$1,149,999
Est. payment /mo
0.25 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Pasadena Park Sub
MLS Listing ID A12070144
HOA Y/N No
Annual Tax Amount $1,917
Tax Year 2025
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Residential
Property Description
Rarely available oversized double lot offering exceptional development potential in a rapidly evolving area just outside Miami Shores. Situated on an 11,500 Sq Ft lot and positioned in a neighborhood experiencing significant redevelopment, this property offers the scale and flexibility rarely found in this location, without being subject to Miami Shores governance. The property is currently improved with a completely renovated, turnkey 2-bedroom, 1-bathroom home plus a separate 1-bedroom, 1-bathroom guest house, allowing an investor to generate immediate use or income while planning future development. Zoned duplex, the property presents multiple paths to maximize value, including the potential to divide the double lot, retain the existing turnkey home on one parcel, and develop a new townhouse or residence on the other, subject to applicable approvals. Whether pursuing a ground-up development, lot separation, additional dwelling, or a combination of existing and new construction, this is a rare opportunity to acquire land with both immediate utility and significant future upside. Ideally located just two blocks from Miami Shores and directly across from Miami Country Day School, the property offers a compelling combination of location, flexibility, and long-term investment potential.
Location
State FL
County Miami-dade
Community Pasadena Park Sub
Area 11
Interior
Window Features Impact Glass
Exterior
Utilities Available Electricity Available
Private Pool Yes
Building
Lot Description 1/4 to 1/2 Acre Lot
Faces East
Sewer Septic Tank
Water Public
Others
Tax ID 30-22-31-042-0151
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12070144
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Listed by Compass Florida, LLC
NEARBY SCHOOL & BUSINESS
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