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Calling all new construction developers or end users. The ideal lot to maximize gains or build the most equity, this elevated 3 sided lot on prestigious South Bayshore Drive in North East Coconut Grove. Lot is unique being the only lot that is 3 sided and is elevated 8 feet allowing for a partial water view from a rooftop balcony. Lot is in flood zone X allowing for 3 story home with less lot coverage than a comparably sized 2 story. New construction in the area starts at $1800 psf. New construction in flood zone X is subject to extremely low cost flood insurance. Ideal location; walking distance to Kennedy Park and Ransom Everglades Middle School.
Listed by Barbara Elmir, One Sotheby's International Realty

Property Details of 1646 S Bayshore Drive

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Association of REALTORS®. All Rights Reserved. The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on April 16, 2024

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