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Mitchell Lake Estates

$3,000,000

North Miami, FL 33167

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.

Map:
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