Build New Construction or use existing plans. Prime redevelopment opportunity in the highly sought-after Biscayne Park area — Plans with the City to convert from multifamily to single family, offered at land value and ideal for new construction. Situated on a quiet residential street surrounded by newer homes and active redevelopment, this property presents a rare chance for builders, developers, or end users to capitalize on one of Miami’s strongest emerging single-family markets.rnThe existing structure is being sold for land value, making this a true tear-down/rebuild play with strong upside potential. Build a modern luxury residence in an area where new construction continues to command premium pricing and strong buyer demand.rnExceptional location near Miami Country Day School, Miami Shores, Biscayne Blvd, and major transportation corridors, providing convenience while maintaining the charm of a tree-lined residential neighborhood. Demand from families and luxury buyers continues to drive redevelopment throughout the area, supporting long-term value growth and resale potential.rnIdeal for developers seeking a clean, straightforward project or investors looking to secure land in a high-appreciation pocket before further price escalation. Opportunities to acquire buildable lots in Biscayne Park are becoming increasingly limited. Existing multifamily is not livable. Existing pool on property.