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Listed
In Village Grove, one of Pinecrest's most storied estate enclaves, opportunities this rare, and this ready, seldom come to market. This 0.351-acre (15,290 SF) Estate-zoned parcel is fully entitled for an 8,603 SF residence (7,240 SF air-conditioned), a two-story estate built for the way today's families actually live: six bedrooms, seven bathrooms, and a floor plan that pairs formal grace with everyday ease. The first floor holds a living room, dining room, and kitchen built for gathering, two ensuite bedrooms, a full guest bathroom, and a front-facing garage. Upstairs, a second living area anchors three ensuite bedrooms and a primary suite of its own. Outside, the approved design calls for a rear pool, jacuzzi, fire pit, and pergola framing an outdoor kitchen, with water features announcing the arrival home. Approved plans, zoning approvals, completed engineering studies, and site plans stand ready. Permits are in their final stages, utilities and infrastructure are addressed, and ground can break the moment financing and a builder are in place. What's left isn't permission, it's possibility, the freedom to build without delay, in a neighborhood defined by mature oak canopies, generous acreage, and Miami-Dade's most sought-after schools. For a builder or a family with vision already in hand, this is the rarest kind of Pinecrest offering: land, plans, and permission, assembled and waiting.
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 6-bed rentals across Miami-Dade, from 55 active listings; the middle half ask $16,000–$48,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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