A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
Size: 0.26 Acres (1,031 m2)
Price: $4,188,462/Acre ($1,056/m2)
Type: Land
MLS Number: A11906193
On Site: 158 Days
Updated: 11 Days ago
Page Views: 0
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.
Features
All features
Property SqFt: 11102
Remarks: 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.
Internet Remarks: 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.
Waterfront: No info
Directions: North
Days on Market: 147
Compass Point: SW
Office Name: Compass Florida, LLC.
Area: 11102
Taxes: 3867
Tax Year: 2024
Listing Date: 2025-10-31T15:41:41.000-00:00
Lot Size Square Feet: 11102
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