Coconut Grove New Developments 2026: The Complete Guide to Every New Luxury Project

Rare opportunity to acquire an oversized 12,000 SF parcel in one of Miami’s most strategically located and rapidly evolving neighborhoods. Zoned T3-R Suburban Zone, this property offers exceptional redevelopment potential for builders, developers, investors, or end-users seeking to create a custom estate or explore the possibility of two approximately 6,000 SF homesites.

Positioned in the heart of Miami, the property enjoys convenient access to Miami International Airport, Miami Freedom Park, Downtown Miami, Brickell, Coral Gables, the Miami River District, Loan Depot Park, and major transportation corridors including SR-836 and I-95. Its central location places Miami’s premier business, dining, entertainment, and cultural destinations within easy reach.

Existing improvements are being sold primarily for land value. City and County have indicated the parcel may be eligible for subdivision; however, buyers must independently verify zoning, lot split potential, development opportunities, demolition requirements, and all intended uses with the appropriate governmental authorities. A rare opportunity to secure a sizable parcel in a well-established Miami neighborhood with exceptional redevelopment and future growth potential.