$4,950,000

Exceptional development opportunity on a rare 17,280 SF lot in Coconut Grove, offered with fully approved and permitted plans from the city for a luxury residence 8,500+ sq. ft with an estimated completed value of approximately $18M+. The current structure is already in demolition phase, allowing a seamless transition into construction. This is a true turnkey project for a developer or end-user looking to fast-track a high-end build in a prime location. Projected timeline for construction is about 20 months. A full, experienced team is already in place-including luxury plans by Astro Station architecture, full interior design team, and contractors-which can be seamlessly transferred to the Buyer, significantly reducing time, risk, and execution complexity.