Prime Coral Gables Land with Development Potential

Nearly 7,000 sq ft residential lot in Coral Gables offers rare T4 zoning upgrade potential for 4-unit development.
$920,000

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Florida Local Time --:--
MLS #A11866222
Listing Updated: 2026-07-15 06:30:55
Listed By: Deal Flow Realty, LLC.

Overview

This expansive residential lot in the heart of Coral Gables provides a unique opportunity for developers and investors seeking prime Miami real estate. With nearly 7,000 square feet available, the property stands out due to its potential zoning upgrade to T4, allowing for a striking four-floor, four-unit development. Situated in one of Miami’s most esteemed neighborhoods, the lot invites creative vision and strategic investment in a thriving community known for its charm and accessibility.Coral Gables offers a lifestyle defined by tree-lined avenues, cultural attractions, and close proximity to downtown Miami. This lot’s central location makes it a standout canvas for new residential projects that could blend seamlessly into the neighborhood’s distinct architectural and community fabric. Buyers searching for opportunity in a coveted area will appreciate the versatility and convenience this site provides.

Property Highlights

Prime 7,000 sq ft Coral Gables lot | Potential T4 zoning upgrade | 4-floor, 4-unit development opportunity | Central Miami location | Residential land in prestigious neighborhood

Property Details

City: Miami
State: FL
Zip Code: 33133
Address:
Year Built:
Property Type: Land/Boat Docks
Property Sub Type: Residential
Listing Office Name: Deal Flow Realty, LLC.
County: Miami-Dade County
Garage Spaces:
Parking Features:
Interior Features:
Exterior Features:
Waterfront: No
Pool: No
HOA Fee: $0
Annual Tax: $9,726
Days On Market: 284 Days
Investors! Location. Location. Discover the potential of this expansive nearly 7,000 sq ft lot nestled in the vibrant heart of Coral Gables. Explore the potential to upgrade to T4 zoning, enabling a striking 4-unit development spanning 4 floors. This exceptional property presents a rare chance for investors and developers to enhance the esteemed Gables neighborhood.

Property Location

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

About This Neighborhood

Located in the distinguished Coral Gables neighborhood, this lot offers a setting known for Mediterranean-style architecture and lush landscapes. The community fosters a serene yet vibrant atmosphere, blending residential privacy with varied local amenities. Residents enjoy convenient access to shopping, dining, and cultural sites that define this prestigious Miami enclave.Coral Gables also values walkability and green space, creating an inviting environment for families and professionals alike. This land’s position provides proximity to main corridors and desirable local destinations within easy reach.

Walkability & Lifestyle

Coral Gables is known for its walkable streets filled with charming shops, renowned restaurants, and parks. This lot’s location places future residents within easy walking distance to local cafés, boutiques, and green spaces that encourage outdoor activity.The neighborhood’s pedestrian-friendly design offers a relaxed lifestyle with everyday conveniences nearby, fostering a strong sense of community and connection to the city’s cultural heartbeat.

Things To Do Nearby

The Coral Gables area is rich with lifestyle amenities including top-tier dining, art galleries, and scenic parks. Residents can enjoy nearby golf courses, marinas, and waterfront activities that underscore Miami’s allure.Cultural venues and frequent local events add to the vibrant community atmosphere. This lot is well-positioned for those who seek a blend of serene residential living with easy access to entertainment and leisure.

Nearby Schools

Families considering this location benefit from access to Coral Gables’ well-regarded public and private schools. The neighborhood’s educational options offer a range of academic programs convenient to residents, supporting a balanced community life.Proximity to quality schools adds to the neighborhood’s familial appeal, making it a practical choice for buyers prioritizing education and lifestyle.

Why Buyers Like This Area

Buyers value this Coral Gables lot for its rare combination of size, development potential, and location. The chance to build in a prestigious neighborhood alongside established homes appeals to those looking for customizable opportunities in Miami’s competitive real estate landscape.The surrounding neighborhood’s character and amenities offer an attractive lifestyle, making this land a sought-after canvas for developers and homebuilders alike.

Investment Potential

This Coral Gables lot presents a compelling opportunity for those interested in development within Miami’s sought-after communities. The potential to upgrade to T4 zoning supports a multi-family residential project that could enhance the neighborhood’s housing options. Its location in the vibrant Gables area adds appeal for future residents and enhances marketability for development projects.Given Coral Gables’ reputation for stability and desirability, properties like this land may attract thoughtful investors looking to build in a dynamic urban environment with strong demand for upscale residential living.

Rental Income Potential

Should a development be pursued, the location within Coral Gables could support attractive rental opportunities due to proximity to major employment centers and cultural attractions. The neighborhood’s desirability and amenities provide appeal for renters seeking upscale housing with easy access to Miami’s vibrancy.Seasonal demand is common in Miami, enhancing rental appeal during peak months, though investors should consider market dynamics carefully when evaluating potential income from new units on this land.
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