About this Property

A rare generational waterfront opportunity on prestigious Prairie Ave, offering one of the last oversized waterfront parcels in this coveted Miami Beach residential corridor. Encompassing 12,150 SF with ocean access via canal, this exceptional property is ideally positioned for the creation of a world-class custom estate or luxury redevelopment in a setting defined by premier waterfront residences. The existing 4,400 SF home presents a compelling opportunity for a thoughtful renovation or reimagining, allowing buyers to enhance and customize the current structure while capturing significant upside. Whether renovating to create a refined waterfront residence or building a new signature estate, the flexibility of this offering is unmatched. Surrounded by multi-million-dollar estates and moments from beaches, houses of worship, elite schools, shopping, dining, and the best of Miami Beach living, this property combines location, scale, and lifestyle in a way that is increasingly rare. An exceptional acquisition for end users, visionary builders, or developers seeking long-term value, prestige, and the opportunity to create a standout waterfront residence. Listing broker is an owner of the property.

Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Kenneth Goldring R.E. Broker.