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$8,200,000
Est. payment /mo
0.28 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Coral Gables Biltmore Sec
MLS Listing ID A11963747
HOA Y/N No
Annual Tax Amount $44,476
Tax Year 2025
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Unimproved Land
Property Description
**Prime, Shovel-Ready Boutique Condo Development**. Exceptional opportunity to acquire a fully shovel-ready, Class A boutique condominium development site in the heart of Coral Gables, just steps from the historic Biltmore Hotel. Positioned along prestigious Biltmore Way, this 12,000 SF (100' x 120') MF4-zoned parcel is approved for a 12-story, 157-foot luxury residential tower designed for maximum exclusivity and privacy. Each residence is designed with private elevator foyer access, 9'6”–11'6” ceiling heights, floor-to-ceiling impact glass, and five separate private outdoor spaces connected to living and bedroom areas. Interiors are specified with top-tier finishes including Wolf® dual-fuel gas ranges and appliances, Sub-Zero® refrigeration and wine storage, Cove® dishwashers, imported Italian cabinetry, spa-inspired bathrooms with dual rainfall showers, and expansive kitchen islands. Coral Gables remains one of the most supply-constrained and architecturally protected municipalities in South Florida, creating a high barrier to entry for new development. With approvals in place and luxury specifications defined, this offering significantly reduces entitlement risk and accelerates the path to vertical construction. This is a rare opportunity to deliver an ultra-luxury, privacy-driven product in one of Miami's most prestigious residential corridors.
Location
State FL
County Miami-dade
Area 2410
Zoning A
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Present Use Multi-Family,Unimproved
Street Surface Paved
Building
Lot Description City Lot
Water Public
Others
Restrictions City Restrictions
Tax ID 0341170080160
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11963747
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Listed by Maria Gabriela Diaz Luxe Properties
NEARBY SCHOOL & BUSINESS
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