$4,800,000

About this property

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.