Prime development opportunity on a beautiful, quiet street in Coconut Grove with a proven record of successful high-end trades on the block. Strong demand and clear development precedent support resale potential. The 7,800 SF net lot allows for a 5,000 gross / 4,600 net SF new construction home with pool, consistent with market-driven design in the area. An existing structure on the property is in place and expected to pass inspection for financing purposes. A rare chance to build new in an established Grove setting with lush streetscape and solid comparables. Ideal for builders or investors seeking a high quality, low risk project.
Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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