The best of both worlds - a premier development opportunity in the epicenter of Miami's best areas, perfect for immediate development or an investor to occupy or carry via tenancy. T6-8-0 zoning permits a maximum of 8 stories without limitations & a variety of mix-use development: single family, multi-family residences, hotels, bed & breakfasts, inns, and small lodging permitted by exception, & office space permitted in a limited capacity. The price per foot on this street is set to skyrocket, with Miami's prestigious new Soho House location just over 100 ft away on this low-traffic cul-de-sac. The entire block has been recently approved by city council for up-zoning. Buy to build or buy to hold, as it is currently a home with 3-bedrooms & 2.5 baths and a 1-bedroom, 1-bath guest house.