13650 Old Cutler Rd, Palmetto Bay, FL 33158

$10,995,000

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List Price
$10,995,000
MLS#
A12085240
Status
ACTIVE
Type
Land

Property Description

ONCE-IN-A-LIFETIME DEVELOPMENT OPPORTUNITY ON PRESTIGIOUS OLD CUTLER ROAD, JUST ONE BLOCK FROM PINECREST. Bring your Offers! An extraordinary opportunity to acquire an expansive 5.2-acre estate parcel in northeast Palmetto Bay. With substantial frontage along iconic Old Cutler Road and a rare scale increasingly difficult to find, this property presents tremendous potential for a private legacy estate, luxury residential compound, or potential subdivision/development opportunity. E-1 zoning provides for one-acre estate single-family residential development, subject to applicable requirements and governmental approvals. The generous acreage and unique configuration create an exceptional canvas for builders, developers, investors or an end user. Ideally positioned along the historic Old Cutler Road corridor with convenient access to Coral Gables, Pinecrest, parks, marinas and Biscayne Bay. Over five acres. One remarkable location. Endless possibilities. Buyer to independently verify zoning, subdivision potential, permitted uses, density, utilities, environmental conditions and all development possibilities with the Village of Palmetto Bay and applicable governmental agencies.

Additional Information

Days on Market
2
Tax Amount
$7,381
Parcel Number
33-50-23-000-0200
Front Exposure
East
Lot Size
226,512
Directions
ENTRANCE ON OLD CUTLER RD
Address
13650 Old Cutler Rd, Palmetto Bay
Development Name
Unplatted, Farmers Acres
Development
Unplatted, Farmers Acres
Section
23

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Listing Courtesy of Douglas Elliman, Contact: