154th Street - 861, North Miami Beach, FL 33162

Property Description

Rare opportunity to acquire a 40,260 SF residential lot on 154th Street in North Miami Beach, located in one of Miami Dade’s most supply-constrained and strategically positioned neighborhoods. This RU-1 zoned dry lot offers unmatched scale, flexibility, and long-term upside, perfect for a custom luxury estate or high-end spec residence. Positioned on a quiet, tree-lined street with mature landscaping and estate-style homes, the lot provides depth, privacy, and potential lake views, creating a serene oasis while remaining minutes from Sunny Isles Beach, Aventura Mall, US-1, and I-95. Full lake access enhances the lifestyle appeal, allowing for private docks, paddleboards, or unobstructed water vistas from terraces and oversized windows. The lot supports expansive development including a 6,000–8,000+ SF residence, resort-style pool, guest house, oversized motor court, and waterfront-oriented design maximizing lake views. Opportunities to assemble up to three adjacent parcels totaling 120,780 SF (2.77 acres) create potential for a signature estate compound or multiple luxury homes. Near-acre waterfront parcels in this corridor are extremely limited, making this a rare end-user or strategic development opportunity.