Home » Properties » 1865 KEYSTONE BL, North Miami FL 33181

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Spacious North Miami Waterfront Lot with Potential

Large waterfront lot in North Miami with 3 beds, 3 baths. Ideal for new construction or dual homes in a prime coastal location.

$3,999,000

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MLS #A11829874

Listing Updated: 2026-07-12 18:29:06

Listed By: Tomlinson Realty Group

Overview

This expansive North Miami property offers nearly 132 feet of waterfront frontage and sits on an oversized lot, presenting unique opportunities for buyers interested in building new custom homes or dividing the parcel. The existing 1952 single-family residence includes three bedrooms, three baths, and flexible living spaces such as a great room and separate guest quarters. While the house needs updating, the location along Keystone Boulevard provides easy access to local waterways, making it highly appealing for water enthusiasts and those seeking a coastal lifestyle.Set in a vibrant neighborhood, this property invites potential redevelopment to fully optimize its size and waterfront access. The option for owner financing adds convenience for serious buyers looking to invest in a desirable North Miami setting close to both city amenities and tranquil marine surroundings.

Property Highlights

Oversized waterfront lot with 132' frontage, three bedrooms, three bathrooms, built-in features with wet bar, separate guest quarters, circular driveway, ideal for redevelopment or dual home building, owner financing available.

Property Details

City: North Miami

State: FL

Zip Code: 33181

Address: 1865 KEYSTONE BL, North Miami FL 33181

Year Built: 1952

Property Type: Residential

Property Sub Type: Single Family Residence

Listing Office Name: Tomlinson Realty Group

County: Miami-Dade County

Garage Spaces: 0

Parking Features: Circular Driveway

Interior Features: First Floor Entry, Built-in Features, Split Bedroom, Wet Bar, Family Room, Great Room, Separate Guest/In-Law Quarters

Exterior Features:

Waterfront: Yes

Pool: No

HOA Fee: $0

Annual Tax: $20,389

Days On Market: 356 Days

Original Listing Description

YACHT OWNERS ATTENTION 132' OF FRONTAGE !!!!! HOUSE NEEDS TLC, BETTER CANDIDATE TO TEAR DOWN AND BUILD NEW DUE TO OVERSIZED LOT! OR DIVIDE AND BUILD 2 HOMES. JUST SHY OF 2 BUILDABLE LOTS OWNER WILL FINANCE WITH 30% DOWN TIME AND TERMS NEGOTIABLE

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

1865 KEYSTONE BL, North Miami FL 33181

About This Neighborhood

Situated on Keystone Boulevard, this property benefits from a peaceful neighborhood atmosphere while remaining close to North Miami’s amenities. The community offers a blend of coastal charm and urban convenience, with easy access to marinas and waterfront recreation. Residents enjoy a quiet setting conducive to family living or a tranquil retreat near Biscayne Bay, positioning it as a desirable area for both permanent residents and seasonal visitors.

Walkability & Lifestyle

Residents of this Keystone Boulevard property enjoy a lifestyle blending serene waterfront living with accessibility to local conveniences. Nearby, shopping centers, cafes, and dining establishments contribute to an enjoyable walkable experience. While the property’s premier feature is its marine frontage, community amenities are within short drives, supporting a balanced urban-coastal lifestyle that blends relaxation and convenience.

Things To Do Nearby

North Miami offers an array of waterfront activities accessible from this unique property, including boating, fishing, and sailing along Biscayne Bay. The vicinity features parks, marinas, and golf courses for outdoor enthusiasts, as well as cultural venues and vibrant dining scenes. Residents can easily explore both natural beauty and urban entertainment, making the location ideal for those seeking variety in lifestyle options.

Nearby Schools

Families will appreciate the convenient access to nearby schools in North Miami, facilitating easy daily commutes for students. The neighborhood supports a family-friendly environment with educational options within reach, helping to ensure children can attend quality public or private schools. This accessibility is a practical consideration for homeowners prioritizing schooling needs alongside a waterfront lifestyle.

Why Buyers Like This Area

Buyers appreciate this listing for its rare combination of oversized waterfront land and potential for creative redevelopment in North Miami. The flexibility to build a custom residence or multiple homes appeals to those wanting to craft a personalized coastal retreat or investment property. Additionally, the availability of owner financing enhances affordability, attracting a broad spectrum of buyers who value both location and opportunity.

Investment Potential

This large waterfront property in North Miami is well-suited for buyers seeking redevelopment opportunities. Its substantial frontage and oversized lot provide options for building a new home or potentially dividing the space to create two residences. The local market shows increasing interest in waterfront living, making this parcel appealing to those looking to capitalize on location and lifestyle. Owner financing terms also make acquisition accessible for serious investors aiming to tailor the property to their vision.

Market Trends

North Miami’s real estate landscape continues evolving, with demand rising for waterfront lots that allow customization. Buyers are increasingly drawn to oversized parcels that offer redevelopment flexibility like this property. The blend of coastal appeal and proximity to city services supports steady interest. Properties offering owner financing and unique features such as waterfront access and ample land often attract motivated buyers within this competitive market, driving opportunities for personalized projects.

Rental Income Potential

Though the existing home requires significant updates, the property's waterfront location near marinas and local attractions supports strong rental interest, especially during peak seasons. Prospective buyers considering redevelopment might explore short-term rental possibilities once improvements or new construction are complete, capitalizing on North Miami’s popularity among vacationers and boat owners seeking convenient coastal accommodations.