Coral Terrace, FL Land For Sale

This residential lot is perfectly situated near coral gables, with convenient access to the palmetto expressway and located next to a brand-new development. The property is listed with architectural plans included, offering a great opportunity for immediate development.

Exceptional opportunity to acquire a shovel-ready luxury duplex development in sought-after schenley park. Permitting is currently in process, with approval anticipated by summer 2026. The proposed duplex features two modern residences, each offering 3 bedrooms and 3.5 bathrooms, thoughtfully designed to meet today’s luxury market. The sale includes permit-ready architectural plans and high-quality renderings suitable for both marketing and development. The existing 3-bedroom home offers interim rental or living potential while plans move through the approval process. Ideally positioned near coral gables, nicklaus children’s hospital, major highways, and top schools, this property presents a compelling opportunity for investors or end users seeking a turnkey development in one of miami’s most established residential neighborhoods. Buyer to conduct their own due diligence regarding zoning, permits, timelines, and development potential.