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400 NW 87th St, El Portal FL 33150

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$1,300,000

8

9

1,399 SF

$929

 
PROPERTY TYPESingle Family Residence
Lot Size13,950 SF
YEAR BUILT1948
WATERFRONTYes
STYLEDetached,One Story
PARKINGYes
SWIMMING POOLNo
STATUSActive

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    Property Description

    Rare opportunity Lot to build a spectacular contemporary estate on the banks of the river in the heart of El Portal. This 13,950 SF lot (75' × 186', with 75 feet directly on the river) comes with an already issued building permit and construction proposals for a stunning residence offering 4,455 SF under A/C (5,308 SF total). The thoughtfully designed home features 8 bedrooms, 9 bathrooms (plus outdoor bath), soaring two-story walls of glass that frame tranquil river views, and seamless indoor-outdoor living. The approved plans already include the resort backyard: pool with waterfall edge, spa and sun shelf, oversized summer kitchen, pickleball court, putting green, lush landscaping, and multiple entertaining areas—all overlooking the serene river. Rare privacy for a riverfront lot due to the fenced Larchmont Gardens Park on the other riverbank. Skip roughly two years of design and permitting and start building one of El Portal’s most distinctive new construction homes with plans already approved including Health Department approved septic plans. A truly exceptional opportunity for developers, investors. Property is included in the Opportunity Zone area and likely to provide multi-million tax benefits, while being conveniently close to I-95 Miami Shores, the Design District, Downtown and ~15min to South Beach. Note: Two fixed-price proposals to build for $1.65M from two GCs for the permitted plans, price honored for the new owner. Full docs shared with accepted offer

    LIST PRICE $1,300,000
    PRICE CHANGE0%
    BEDS 8
    BATHS 9
    1/2 BATHS 1
    LIVING SIZE 1,399 SF
    PRICE SF$929
    YEAR BUILT 1948
    WATERFRONT Yes
    VIEWCanal
    SWIMMING POOL In Ground
    STYLE Detached,One Story
    CONSTRUCTION Aluminum Siding
    PARKING Yes
    PARKING SPACES
    FLOORING TYPE No
    MLS A12064448
    PROPERTY TYPESingle Family Residence
    STATUS Active
    DATE LISTED 2026-08-04
    DAYS ON MARKET 11
    FURNISHED
    Pets Allowed No
    CITY El Portal
    ZIP33150
    STATE FL
    SUBDIVISION SOARS RIVER ESTATES
    HOA FEES $0
    TAXES 0
    TAXES YEAR 2025

    ROAD VIEW

    SATELLITE VIEW

    bird’s eye view

    STREET VIEW

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