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Property for sale
$1,300,000
Single Family Residence
400 NW 87th St, El Portal FL 33150
8
Beds
9
Baths
1,399 sqft
Living area
1948
Year built

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Description

Rare opportunity Lot to build a spectacular contemporary estate on the banks of the river in the heart of El Portal. This 13,950 SF lot (75' × 186', with 75 feet directly on the river) comes with an already issued building permit and construction proposals for a stunning residence offering 4,455 SF under A/C (5,308 SF total). The thoughtfully designed home features 8 bedrooms, 9 bathrooms (plus outdoor bath), soaring two-story walls of glass that frame tranquil river views, and seamless indoor-outdoor living. The approved plans already include the resort backyard: pool with waterfall edge, spa and sun shelf, oversized summer kitchen, pickleball court, putting green, lush landscaping, and multiple entertaining areas—all overlooking the serene river. Rare privacy for a riverfront lot due to the fenced Larchmont Gardens Park on the other riverbank. Skip roughly two years of design and permitting and start building one of El Portal’s most distinctive new construction homes with plans already approved including Health Department approved septic plans. A truly exceptional opportunity for developers, investors. Property is included in the Opportunity Zone area and likely to provide multi-million tax benefits, while being conveniently close to I-95 Miami Shores, the Design District, Downtown and ~15min to South Beach. Note: Two fixed-price proposals to build for $1.65M from two GCs for the permitted plans, price honored for the new owner. Full docs shared with accepted offer

Built in 1948
Property Type: Residential

Property highlights

8 bedrooms
9 bathrooms
1,399 sqft of living area
13,950 sqft lot
Built in 1948
WF/No Ocean Access
Canal Front
1/4 To Less Than 1/2 Acre Lot

Features & Amenities

Interior

First Floor Entry
Other

Exterior

Fruit Trees

Community

Additional Amenities

Parking

Additional Spaces Available
Paver Block
No Trucks/Trailers
$1,300,000 8 beds / 9 baths / 1,399 sqft

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