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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
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $24,271
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.