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Biscayne Park Terrace, 1953 Tigertail Ave
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Closed
0.38
AcreStatus
Sold - Jul 06, 2026
Size
0.38 Acres (1,522 m2)
Price
$12,631,579/Acre ($3,153/m2)
Type
Land
MLS Number
A11993184
On Site
167 Days
Updated
17 Days ago
Page Views
0
Exceptional development opportunity on a rare oversized lot in the heart of Coconut Grove. Offered with fully approved and permitted plans for a ~9,500+ SF luxury residence, with an estimated completed value of $18M+. The existing structure is already in demolition, allowing for an immediate transition into construction. A true turnkey project ideal for a developer or end-user seeking to fast-track a premier build in a prime location. Estimated build timeline is approximately 20 months. A full, experienced team is in place—including architectural plans by Astro Station, interior design, and contractors—all of which can be seamlessly transferred to the buyer, significantly reducing execution risk and time to completion.
Features
All features
- Property SqFt: 16386
- Remarks: Exceptional development opportunity on a rare oversized lot in the heart of Coconut Grove. Offered with fully approved and permitted plans for a ~9, 500+ SF luxury residence, with an estimated completed value of $18M+. The existing structure is already in demolition, allowing for an immediate transition into construction. A true turnkey project ideal for a developer or end-user seeking to fast-track a premier build in a prime location. Estimated build timeline is approximately 20 months. A full, experienced team is in place—including architectural plans by Astro Station, interior design, and contractors—all of which can be seamlessly transferred to the buyer, significantly reducing execution risk and time to completion.
- Internet Remarks: Exceptional development opportunity on a rare oversized lot in the heart of Coconut Grove. Offered with fully approved and permitted plans for a ~9, 500+ SF luxury residence, with an estimated completed value of $18M+. The existing structure is already in demolition, allowing for an immediate transition into construction. A true turnkey project ideal for a developer or end-user seeking to fast-track a premier build in a prime location. Estimated build timeline is approximately 20 months. A full, experienced team is in place—including architectural plans by Astro Station, interior design, and contractors—all of which can be seamlessly transferred to the buyer, significantly reducing execution risk and time to completion.
- Waterfront: No info
- Directions: East
- Days on Market: 30
- Closing Date: 2026-07-06
- Office Name: Compass Florida, LLC
- Area: 16386
- Taxes: 51843
- Tax Year: 2025
- Listing Date: 2026-04-01T13:30:22.000-00:00
- Lot Size Square Feet: 16386
Apples-to-Apples Comparables
Price History
Current
$4.8M
High
$5M
Low
$4.8M
Total Change
-3%Date
Event
Price
Change
Price Per
07/06/2026
Sold
$4.8M
0%$293 ft2
$3,153 m2
04/01/2026
Price Reduced
$4.8M
-3.03%$293 ft2
$3,153 m2
06/17/2026
Price Reduced
$5M
0%$302 ft2
$3,252 m2
04/01/2026
Listed
$5M
$302 ft2
$3,252 m2
07/06/2026
$4.8M
Event
Sold
Change
0%Price Per
$293 ft2
$3,153 m2
04/01/2026
$4.8M
Event
Price Reduced
Change
-3.03%Price Per
$293 ft2
$3,153 m2
06/17/2026
$5M
Event
Price Reduced
Change
0%Price Per
$302 ft2
$3,252 m2
04/01/2026
$5M
Event
Listed
Price Per
$302 ft2
$3,252 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by George Burns • Compass Florida, LLC • Buyer Agency Compensation .
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Scores
63
100
51
100
79
100
73
100
0
100
34
100
0
100
Community Snapshot
1,475 - 6,218
SqFt Range
1954
Year Build
2
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