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4
Bedrooms
4
Bathrooms
3,539 sqft
Interior
1947
Year built
None
HOA
Single Family Residence
Type
About this home
Rare redevelopment opportunity in one of Miami’s most desirable urban corridors, just minutes from Coconut Grove, Coral Gables, and Brickell. Situated on an oversized lot, 2300 S Miami Ave offers strong potential for the development of two luxury residences, with the possibility of 2- to 3-story homes, subject to municipal approval. The existing one-story Old Spanish-style residence features 4 bedrooms, 3 full baths, 1 half bath, and 4,156 SF of actual area, including spacious in-law quarters with a private bathroom. While the home offers character and architectural charm for a buyer looking to renovate, the true value lies in the land and future redevelopment potential. A rare opportunity for a luxury home developer or end-user to secure a large lot in a prime location with the potential to create two high-end residences in one of Miami’s most sought-after areas.
Features
- First Floor Entry
- Walk-In Closet(s)
- Separate Guest/In-Law Quarters
- Utility/Laundry In Garage
- Barbeque
- Lighting
- Room For Pool
- Garden
- Pool
Location
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,805–$9,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.