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Washington Place, 1000 NE 72nd Ter, Miami, FL, 33138
$20,000,000
1.43Acre
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Details
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Status:
Sold - Sep 08, 2025
Size: 1.43 Acres (5,759 m2)
Price: $13,986,014/Acre ($3,473/m2)
Type: Land
MLS Number: A11454634
View: Bay
On Site: 881 Days
Updated: 169 Days ago
Page Views: 0
Rare Opportunity To Acquire The Only Waterfront Single-family Estate Home Development Site In Miami, With Fully Approved Entitlements To Build 5 Visionary Residences Including The Architecturally Significant Prescott Mansion. Offering A Combined 61,989 Square Feet Of Prime Land In The Heart Of Miami With 345+ Feet Of Open Water Frontage That Showcases Stunning Downtown Views. Property Plans Deliver A Collection Of Meticulously Crafted Luxury Homes Featuring Four Deep Water Docks For Up To 100’ Yachts Paired With Each Of The Waterfront Estates. Every Detail Was Strategically Thought Out By A World-class Team For Seamless Execution.
Features
All features
  • Property SqFt: 61989
  • Remarks: Rare opportunity to acquire the only waterfront single-family estate home development site in Miami, with fully approved entitlements to build 5 visionary residences including the architecturally significant Prescott Mansion. Offering a combined 61, 989 square feet of prime land in the heart of Miami with 345+ feet of open water frontage that showcases stunning downtown views. Property plans deliver a collection of meticulously crafted luxury homes featuring four deep water docks for up to 100’ yachts paired with each of the waterfront estates. Every detail was strategically thought out by a world-class team for seamless execution.
  • Internet Remarks: Rare opportunity to acquire the only waterfront single-family estate home development site in Miami, with fully approved entitlements to build 5 visionary residences including the architecturally significant Prescott Mansion. Offering a combined 61, 989 square feet of prime land in the heart of Miami with 345+ feet of open water frontage that showcases stunning downtown views. Property plans deliver a collection of meticulously crafted luxury homes featuring four deep water docks for up to 100’ yachts paired with each of the waterfront estates. Every detail was strategically thought out by a world-class team for seamless execution.
  • View: Bay
  • Waterfront: Yes
  • Directions: East
  • Days on Market: 165
  • Closing Date: 2025-09-08
  • Office Name: Compass Florida, LLC
  • Area: 61989
  • Taxes: 134181
  • Tax Year: 2022
  • Listing Date: 2023-09-28T15:28:32.000-00:00
  • Lot Size Square Feet: 61989
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Price History
09/08/2025
Date
Sold
Event
$20M
Price
0%
Change Rate
$323 ft2 / $3,473 m2
Price Per
09/18/2023
Date
Price Reduced
Event
$20M
Price
-20%
Change Rate
$323 ft2 / $3,473 m2
Price Per
09/18/2023
Date
Listed
Event
$25M
Price
$403 ft2 / $4,341 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Chad CarrollCompass Florida, LLC • Buyer Agency Compensation .
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