**REDUCED** 11,975 SF square lot ideally suited for redevelopment or the construction of a custom dream home in a prime South Miami location. The property currently features a single-family residence rented month-to-month at $3,050/month, providing immediate income with flexibility for future plans. Seller may entertain owner financing and flexible closing timelines, allowing buyers to align acquisition with design, zoning review, permitting, or capital deployment. Located within walking distance to the University of Miami, and just minutes from US-1, major highways, Downtown South Miami’s restaurant and retail district, Coral Gables, and Coconut Grove. A rare opportunity to acquire a large, well-located lot with income, flexibility, and long-term upside in a high-demand submarket.