Atlantic Luxury Advisors
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8 photos

15207 8th Ave

Miami, FL 33162

$750,000
6
4
17,142 sq ft
2026
Single Family Residence
170
Active

Listing courtesy of London Foster Realty (Yana Saikouskaya). Contact: [email protected].

About this home

Prime development opportunity in a rapidly growing area of Miami. This build-ready residential lot offers approximately 17,142 sq ft of land and was created from the subdivision of a larger 34,000 sq ft parcel. The lot has its own folio number and is legally established as a separate property. Architectural plans for a beautiful modern residence have already been completed and approved by the city, allowing the future owner to move forward with construction immediately and avoid the lengthy permitting process. Living area SqF 3,382 with total SqF 5,015. The oversized lot provides exceptional space to build a stunning custom home with room for a pool, expansive outdoor living areas, and landscaped grounds. Large parcels like this are increasingly rare in the area. Zoning in this location allows short-term rentals, creating an attractive opportunity for investors. The property offers flexibility for a variety of strategies — from building a luxury residence to developing a high-performing short-term rental property. Located in a neighborhood experiencing strong growth and ongoing development, where land values continue to rise as the area improves each year. A unique opportunity for developers, investors, or buyers looking to build a custom project in an emerging and promising location.

What it costs to own
Estimated monthly payment
$5,351/mo
Principal and interest
$3,792
Property tax
$1,092
Homeowners insurance
$467
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$13,108/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone X, moderate risk

Outside the special flood hazard area (0.2% annual chance). Flood insurance is optional and usually priced lower.

Hurricane evacuation zone
Zone D: ordered to evacuate for Category 3 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.