Multi-Structure Compound Opportunity

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$5,600,000

Multi-Structure Compound Opportunity

23,000 Sq.Ft.

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Description

An exceptionally rare 23,000+ SF compound offering immediate income, expansion rights, and redevelopment flexibility—ideal for investors, developers, or family offices.

Property Highlights

• 23,000+ SF lot with multi-structure configuration

• Condo conversion configured as 6 units (established second address)

• Four studio cottages currently in place

• Cottage #5: Fully renovated 2/2 with active permit to expand nearly 1,000 SF (future 3/3)

• Main Residence: Existing 1,655 SF home on 10,500 SF land with +2,000 SF expansion potential (future 5/4.5)

• Four-car garage with city confirmation for conversion into an additional cottage

Value Proposition

• Immediate income with clear upside

• Significant underbuilt density

• Reposition as boutique multifamily, luxury rental portfolio, or private estate compound

• Strong long-term optimization and redevelopment potential

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Location

Coral Gables | Off-Market Development Compound

Status

Whisper Offerings

Property Amenities

Area & Lot

Lot Area 23,000 Sq.Ft.

Status Whisper Offerings

Finance

Sales Price $5,600,000

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Past Transactions

Sold

$5,400,000

799 Crandon Blvd Unit 602, Key Biscayne, Florida 33149

Sold

$5,100,000

9240 SW 106th St, Miami, FL 33176

10 BEDS
10 BATHS
7,900 Sq.Ft.

Sold

$5,080,000

12250 SW 60th Ct, Pinecrest, FL 33156

6 BEDS
7 BATHS
6,048 Sq.Ft.

Sold

$4,446,000

13023 Miranda Street, Coral Gables, Florida 33156

4 BEDS
3.5 BATHS

Sold

$3,225,000

16529 N Botaniko Dr N, Weston, FL 33326

6 BEDS
10 BATHS
6,187 Sq.Ft.

Sold

$2,920,000

7431 SW 66th St, Miami, FL 33143

6 BEDS
6 BATHS
3,811 Sq.Ft.

View All

Leave a Message

Thank you for your message. We will be in touch with you shortly.

$5,600,000

Multi-Structure Compound Opportunity

Description

Share Property

Location

Status

Property Amenities

Area & Lot

Finance

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Past Transactions

$5,400,000

$5,100,000

$5,080,000

$4,446,000

$3,225,000

$2,920,000

Let's Talk

Leave a Message

Thank you for your message. We will be in touch with you shortly.

$5,600,000

Multi-Structure Compound Opportunity

Description

Share Property

Location

Status

Property Amenities

Area & Lot

Finance

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Past Transactions

$5,400,000

$5,100,000

$5,080,000

$4,446,000

$3,225,000

$2,920,000

Let's Talk

Get in Touch

Contact Details