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400 NW 87th St, El Portal FL 33150

House For Sale
$1,300,000

BTC: 15.51035018

ETH: 490.56603774

60 days
Waterfront
8 bds
8 ba
1,399 sqft

Overview

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

Location

Details

Type:
Residential
Parking:
Additional Spaces Available / Paver Block / No Trucks/Trailers
Year Built:
1948
Lot:
13950 Square Feet
Heating:
Central
Price/sqft:
$929
Cooling:
Central Air
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $634K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

View
Canal
Waterfront
WF/No Ocean Access, Canal Front
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • First Floor Entry

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 8

    • Bathrooms: 1

    • Full bathrooms: 8

  • Parking

    • Additional Spaces Available

    • Paver Block

    • No Trucks/Trailers

    Property

    • Exterior Features: Fruit Trees

    Lot

    • Lot: 13950 Square Feet

    Other Property Information

    • Parcel Number: 18-31-12-071-0100

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Source details

    • MLS ID: A12064448

    Other facts

    • Construction Materials: Aluminum Siding

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Direction Faces: North

    • Architectural Style: Detached / One Story

    • Waterfront: Yes

    • Living Area: 1399

    • Water Source: Municipal Water

    • Subdivision Name: SOARS RIVER ESTATES

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty