Miami Beach - Beach Property For Sale #6581726

Unique opportunity on Venetian Island. This approved shovel ready project gives buyers the chance to build a signature residence and capture significant upside in one of Miami's most desirable locations. Architectural plans by Weber Studio have already been approved, allowing for a seamless transition from purchase to construction.
The project calls for a 5,000 sq. ft. modern residence on a 9,000 sq. ft. lot, featuring tropical landscaping, a pool with waterfall, and clean contemporary lines. The interior layout includes five en-suite bedrooms, a private gym, a full spa, a chef's gourmet kitchen, and a master suite with walk-in closet. A spacious third-floor terrace will offer panoramic ocean and Miami skyline views.
The existing home on the property is beautifully furnished by tenants and leased through January 2026, providing immediate income while the buyer prepares for construction. Once completed, the new residence carries an estimated value of approximately nine million dollars, offering a strong value-add opportunity for investors or end users.