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1183 NE 88th St, Miami FL 33138
About this home
Exceptional development opportunity in one of Miami’s most desirable areas. This 11,300 SF lot is offered with architectural and engineering plans in the final phase of approval for a striking 6,600+ total SF modern luxury residence. The thoughtfully designed layout features 7 bedrooms, expansive indoor-outdoor living, and a resort-style backyard with pool, spa, and outdoor entertaining areas. Save significant time and costs in the planning and approval process—this project is nearly shovel-ready. Located in unincorporated Miami-Dade, offering added flexibility and fewer municipal restrictions. Ideal for developers or end-users seeking to build a high-end custom home with strong resale potential. Rare opportunity. Enjoy easy access to shopping and dining in Miami’s Upper East Side and Little River neighborhoods, with Miami Beach, Bal Harbour, and the Design District just a short drive away. For additional details, please contract listing agent.
Features
- First Floor Entry
- Utility Room/Laundry
- Garden
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
- $7,079
- 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.