Mitchell Lake Estates
$3,000,000
North Miami, FL 33167
For Sale
Multifamily
Active
Last Updated: 06/04/2025
Highlights:
- Lot Features: City Location, Lot Located In A Flood Zone, Other Location, 5 To Less Than 10 Acre Lot
Description:
Waterfront development opportunity at 13901 NW 17 Ave, Miami, FL 33167. Includes a 32,250 SF RU-1 lot (4 SFRs) plus 4.72 acres of lake with potential to fill and create 27 additional buildable lots—totaling 31 parcels. Ideal for a luxury single-family home community with projected sales of $800K–$1M per unit. High-demand area with strong comps and quick absorption. Estimated construction costs $250–$350/SF. Owner open to joint venture with qualified developer for rezoning, site work, and profit-sharing. Rare chance to build in a rapidly growing waterfront market.
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