$825,000

PRIME DEVELOPMENT OPPORTUNITY in Griffing Biscayne Park Estates. The value is in the land, designated 3700 Multifamily – 10 to 21 units. This oversized 16,425 SF lot offers a compelling opportunity for an investor or developer in an area experiencing significant redevelopment. Existing home is considered a teardown and is being marketed for its land and development potential. Strategically positioned in North Miami at the edge of Biscayne Park, minutes from Miami Shores and El Portal, this site benefits from the continued investment transforming this desirable Northeast Miami-Dade corridor. An excellent opportunity to secure a sizable development site in a rapidly evolving neighborhood. **Nearby redevelopment includes 550 NE 127th St (MLS A11963878), marketed as a 16-unit development opportunity, and 12116 NE 5th Ave (MLS A11981959), a shovel-ready multifamily project.** **Buyer to perform their own due diligence