
Sold Jul 17, 2026
$1,425,000Rare Development Opportunity — Newly Reduced Price! Oversized 0.8-acre property with exceptional development potential in a prime location. Build a luxury estate with guest house or ADU, create a private multi-generational compound, or explore the possibility of splitting into 2 parcels (buyer to verify with city). Private entrance off Seacrest with mature landscaping offering outstanding privacy. Existing home on site can provide rental income or housing while securing plans and permits. Located just 1 mile north of Atlantic Ave, near Gulf Stream Country Club, and minutes to the beach. Nearby Pineapple properties reportedly closed near $960/SF on much smaller lots, highlighting significant upside potential. See attachments. -Existing home on property may provide interim rental income or housing during planning/permitting process -Potential for guest house/ADU and/or multi-generational compound -Possible lot split opportunity — buyer to verify with city/zoning -Private Seacrest entrance with mature landscaping and exceptional privacy -Conveniently located near Atlantic Ave, Gulf Stream Country Club, and the beach -Nearby luxury new construction sales support strong future value potential -Buyer responsible for verifying zoning, density, subdivision, FAR, and development possibilities
Listing last checked: Listing updated:
Listed by Audrey Calvani · Coldwell Banker · MLS #B26031490
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Listing annual taxes: $21,938. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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