Rare opportunity Lot to build a spectacular contemporary estate on the banks of the river in the heart of El Portal. This 13,950 SF lot (75 ?? 186, with 75 feet directly on the river) comes with an already issued building permit and construction proposals for a stunning residence offering 4,455 SF under A/C (5,308 SF total). The thoughtfully designed home features 8 bedrooms, 9 bathrooms (plus outdoor bath), soaring two-story walls of glass that frame tranquil river views, and seamless indoor-outdoor living. The approved plans already include the resort backyard: pool with waterfall edge, spa and sun shelf, oversized summer kitchen, pickleball court, putting green, lush landscaping, and multiple entertaining areas?all overlooking the serene river. Rare privacy for a riverfront lot due to the fenced Larchmont Gardens Park on the other riverbank. Skip roughly two years of design and permitting and start building one of El Portals most distinctive new construction homes with plans already approved including Health Department approved septic plans. A truly exceptional opportunity for developers, investors. Property is included in the Opportunity Zone area and likely to provide multi-million tax benefits, while being conveniently close to I-95 Miami Shores, the Design District, Downtown and ~15min to South Beach. Note: Two fixed-price proposals to build for $1.65M from two GCs for the permitted plans, price honored for the new owner. Full docs shared with accepted offer
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 850-803-1383
Shown By
Agent Name: Nye Mosher Schwartz, PA
Agent Phone: Cell: (954) 701-3346
Agency Title: Realty 100
Estimated Payment
$ 3,272.40 per month $2,893.24 Principal & Interest $0.00 Property Tax (data not provided by mls) $379.17 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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400 NW 87th St | MLS# A12064448
This single family home located at 400 NW 87th St, El Portal, FL 33150 is currently listed for sale with an asking price of $1,300,000. This property was built in 1948 and has 8 bedrooms and 8 full and 1 partial baths with 1399 sq. ft. NW 87th St is located in the SOARS RIVER ESTATES subdivision. Search SOARS RIVER ESTATES real estate on www.nyesellshomes.com today.