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Exceptional Luxury Development Opportunity in Miami Shores – Fully Permitted, Design-Forward Estate
Positioned in the heart of one of Miami’s most sought-after enclaves, this expansive 14, 000 sqft homesite offers a rare, turnkey opportunity to create a striking modern residence without the delays of pre-construction. All architectural and engineering plans have been fully approved and permitted, allowing for the immediate commencement of construction—eliminating the typical 18–24-month planning and approval timeline.
Envision a beautifully designed 4, 300 sq. ft. single-story estate, thoughtfully curated with 3 spacious bedrooms, 3 full baths, and 1 cabana bath. The layout is crafted for both elevated living and effortless entertaining, complemented by a dedicated laundry room and a 2-car garage for ultimate convenience + room for 2 cars in driveway. Clean architectural lines, open-concept living spaces, and seamless indoor-outdoor flow maximize the scale and potential of this oversized lot. Enhancing both accessibility and design flexibility, the property includes approved relocation of frontage to NE 8th Avenue, further elevating its value and usability. Bring your builder and break ground immediately—this is a shovel-ready, design-forward opportunity in a premier location, offering the rare advantage of time saved and value accelerated. A truly exceptional offering for those seeking to build a modern luxury residence in Miami Shores.
Existing house of no value/tear-down.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,160,000 | $1,160,000 | $1,160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.361% | 6.203% |
| Monthly Tax Payment | $2,454 | $2,454 | $2,454 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,955 | $7,142 | $9,789 |
| Total Monthly Payment | $9,534 | $9,721 | $12,368 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.