4118 Ventura Ave
Miami, FL 33133
Land For Sale
·
0.12 AC
Investment Highlights
- 5,350 SF South Grove lot (50' x 107') with existing home and pool
- Zoned T-3L | Up to 4,400 SF buildable area and 2,476 SF footprint
- Minutes to Coconut Grove shops, dining, parks, and elite schools
- Sold for land value | Utilities already in place
- Lush setting with mature perimeter trees and design flexibility
- Includes proposed plans for 3 bedroom 2 bath single level home
Property Facts
| Property Type | Land | Proposed Use | Single Family Residence |
| Property Subtype | Residential | Total Lot Size | 0.12 AC |
| Zoning | T-3L - Zoning: T-3L (Sub-Urban Transect Zone – Limited) This zoning permits low-density residential development, typically detached single-family homes. | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Residence |
| Total Lot Size | 0.12 AC |
| Zoning | T-3L - Zoning: T-3L (Sub-Urban Transect Zone – Limited) This zoning permits low-density residential development, typically detached single-family homes. |
Description
ntroducing the lowest priced property in South Grove — a rare and flexible opportunity for developers, investors, or end-users in one of Miami’s most sought-after neighborhoods. Located at 4118 Ventura Avenue, this 5,350 SF lot (50' x 107') features an existing 2-bedroom, 1.5-bath, 1,328 SF home with a pool. The home is in need of repairs and is being sold As Is, but offers multiple redevelopment paths. The property is zoned T-3L, allowing up to 4,400 SF of buildable area with a 2,476 SF footprint. Architectural plans are available for a 1,800 SF renovation with additions, providing a clear route for value-add improvement. Buyers also have the option to: Renovate and expand the current structure Tear down and build a brand-new luxury residence Lightly update the home for rental or starter family use Surrounded by mature vegetation and live oaks along the perimeter, the lot offers privacy and a lush backdrop without obstructing future development. Located just minutes from Coconut Grove’s top restaurants, boutique shops, waterfront parks, and elite schools including Carrollton, Ransom Everglades, and St. Stephen’s Episcopal, this offering presents exceptional upside at an unmatched price point.
Property Taxes
| Parcel Number | 01-4129-010-0911 | Improvements Assessment | $166,148 |
| Land Assessment | $989,750 | Total Assessment | $1,155,898 |
Property Taxes
