400 NW 87th St, El Portal, FL 33150
400 NW 87th St, El Portal, FL 33150
400 NW 87th St, El Portal, FL 33150
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$1,300,000
Est. payment /mo
0.32 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Soars River Estates

MLS Listing ID A12064850

HOA Y/N No

Annual Tax Amount $21,884

Tax Year 2025

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Residential

Property 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. 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

Location

State FL

County Miami-dade

Community Soars River Estates

Area 31

Exterior

Utilities Available Other

Waterfront Description Canal Front

Private Pool Yes

Building

Lot Description 1/4 to 1/2 Acre Lot

Faces North

Sewer Septic Tank

Water Other

Others

Restrictions Call Listing Agent

Tax ID 18-31-12-071-0100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12064850


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Coldwell Banker Realty

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Milton Knight

Milton Knight

+1(786) 917-3337

Principal Real Estate Broker | License ID: 0663675

Principal Real Estate Broker License ID: 0663675

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