$10,995,000

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.