Investor Special on Oversized Lot – Cash/ Conventional Only. Welcome to 596 Ragan Drive, an incredible investment opportunity on a massive 12,750 SF oversized lot in the heart of Miami. This 4-bedroom, 2-bathroom home is ready for a complete remodel and offers endless potential for the right buyer.rnrn A rare highlight is the additional 650 SF detached garage, perfectly positioned for conversion into a guest house or mother-in-law suite. With R-1C zoning, investors have flexibility to maximize the property’s value through creative redevelopment or expansion.rnrn Whether you’re looking to update and resell, hold as a long-term rental, or unlock additional income with an accessory dwelling, this property has all the ingredients for a profitable project.