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.
| List Price: | $10,995,000 |
|---|---|
| Listing Id: | A12085240 |
| Property Type: | Land |
| Property Sub Type: | UnimprovedLand |
| Status: | Active |
| Tax Annual Amount: | $7,381 |
| Lot Size Square Feet: | 226,512.0 |
| Lot Size Acres: | 5.2 |
| Waterfront?: | No |
| City: | Palmetto Bay |
| City Region: | Palmetto Bay |
| County Or Parish: | Miami-dade |
| Subdivision: | Unplatted |
| Postal Code: | 33158 |
| Basement Yn: | No |
| Current Use: | Other, Residential, SingleFamily |
| Development Status: | RawLand |
| Direction Faces: | East |
| Directions: | ENTRANCE ON OLD CUTLER RD |
| Elementary School: | Howard Drive |
| High School: | Miami Palmetto |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Contract Date: | 2026-09-08 |
| Listing Terms: | Cash, Conventional |
| Lot Features: | FiveToTenAcres, OversizedLot, Other |
| Lot Size Dimensions: | 226512 |
| Middle Or Junior School: | Palmetto |
| MLS Area Major: | 2500 |
| Mobile Dim Units: | Feet |
| Number Of Lots: | 1 |
| Original List Price: | $10,995,000 |
| Other Structures: | Other |
| Parcel Number: | 3350230000200 |
| Possession: | CloseOfEscrow, Negotiable |
| Postal City: | Palmetto Bay |
| Postal Code Plus4: | 1469 |
| Public Survey Township: | 33 |
| Road Frontage Type: | Other |
| Road Surface Type: | Dirt |
| State Or Province: | FL |
| Tax Year: | 2025 |
| Vegetation: | FruitTrees |
| Water Source: | Public |
| Zoning: | 2300 |
| Property Sub Type Additional: | UnimprovedLand |
| Current Price: | $10,995,000.00 |
| Country Subdivision: | 12025 |
| Record Signature: | 265,863,526 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:12025:3350230000200 |
Listing Courtesy of: Douglas Elliman
Listing Agent: Fernando Rodriguez
786-473-2230
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BeachesMLS data last updated on October 09, 2026 02:24 AM - ET
Property Last Updated: October 09, 2026 02:24 AM - ET
