5811 SW 88th St, Pinecrest, FL 33156 — MLS photo

Get More Info About This Property

5811 SW 88th St, Pinecrest, FL 33156

Active · SingleFamilyResidence

$3,350,000

5811 SW 88th St, Pinecrest, FL 33156

Beds
7
Baths
9
Living area
2,915 sq ft
$ / sq ft
$1,149/sq ft
Year built
2027
Lot size
27,973 sq ft
HOA fee
—
Annual tax
$18,128

About this property

This premier waterfront lot comes with fully approved permits for an exceptional custom luxury residence in Pinecrest, allowing construction to begin immediately. The approved plans call for a spacious master suite, six additional bedrooms, seven full bathrooms, a powder room, and a cabana bath, creating a versatile layout ideal for both everyday living and large-scale entertaining. The home will offer approximately 9,327 SF under A/C on an expansive 27,973 SF lot, with a design that emphasizes natural light, expansive open spaces, and a seamless connection between interior and exterior areas. With approvals already in place, this offering represents a rare chance to develop a modern waterfront estate featuring high-end finishes, resort-style living spaces.

Property location

Get Directions

5811 SW 88th St, Pinecrest, FL 33156

Loading property location…

Facts & features

Interior

Bedrooms
7
Bathrooms
9
Living area
2,915 sq ft
Cooling
Electric
Heating
Gas
Interior features
Bedroom On Main Level, First Floor Entry, Sitting Area In Primary, Upper Level Primary

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2027
Lot size
27,973 sq ft
Architectural style
Two Story
Roof
Concrete
Construction
Block
Exterior features
Barbecue
Pool
Other, Pool
Waterfront
Other
View
Canal

Parking

Garage spaces
4
Covered spaces
4
Parking features
Covered, Garage Door Opener

HOA, Community & Financials

Annual tax
$18,128
Subdivision
AVOCADO LAND CO SUB
County
Miami-Dade
Days on market
211
MLS listing ID
A11945791
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$6,332

Cap rate
3.4%
Net yield
3.4%
Cash-on-cash return
-8.1%
Gross yield
5.2%
Mortgage payment
$15,881/mo
Down payment
$837,500
Loan amount
$2,512,500
Annual NOI
$114,590

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.