154th Street - 861
VACANT RESIDENTIAL LAND - 40,260 SF
Marketing description
Apex Capital Realty is proud to present a rare opportunity to acquire a 40,260 square foot residential lot located on 154th Street in North Miami Beach, one of the most strategically positioned and supplyconstrained residential submarkets in Miami Dade County.
Spanning just shy of one acre, this RU-1 zoned dry lot offers exceptional scale, flexibility, and long-term upside. The property provides the ideal canvas for a custom luxury estate or high-end spec residence in a neighborhood where large buildable parcels are becoming increasingly scarce.
Positioned on a quiet, tree-lined street surrounded by mature landscaping and estate style homes, the lot offers generous depth, privacy, and potential lake views creating a private oasis setting while remaining minutes from Sunny Isles Beach, Aventura Mall, US-1, and I-95. The location strikes a rare balance between tranquility and connectivity.
Most notably, the property benefits from full lake access, providing direct interaction with the water and the ability to design a residence that truly embraces a waterfront lifestyle. Whether incorporating private dock access (if permitted), launching paddleboards or kayaks, or simply enjoying unobstructed water vistas from expansive terraces and oversized glass walls, the lake frontage creates a level of lifestyle appeal that significantly enhances long-term value. Full lake access allows for a seamless indoor-outdoor design concept, morning reflections off the water, sunset views across the lake, and the serenity of open space rarely found this close to Miami’s urban core.
The 40,260 SF footprint allows for expansive development potential including:
6,000–8,000+ SF luxury residence
Resort-style pool and outdoor entertainment areas overlooking the lake
Guest house or detached suite
Oversized motor court and gated entry
Significant landscaped buffers for privacy
Waterfront-oriented architectural design maximizing lake views
Near-acre parcels in North Miami Beach are increasingly limited, particularly in established residential pockets such as 154th Street where lot depth, water access, and scale provide true estate-level design flexibility. Additionally, this property is part of a larger three-lot offering. All three parcels may be purchased together, creating a combined total of 120,780 square feet (approximately 2.77 acres) of residential land. The ability to assemble nearly three acres with lake access in this location presents a rare opportunity for a signature estate compound, multiple luxury spec homes, or potential subdivision strategies (subject to municipal approvals). Opportunities to control this amount of land, particularly with direct lake access, in North Miami Beach are extremely limited, positioning this offering as both a luxury end-user opportunity and a strategic development play within a steadily appreciating corridor.
Investment highlights
Lot Size: 40,260 SF (Just Under 1 Acre)
Zoning: RU-1 Residential
Dry Lot
Located on 154th Street
Ideal for Custom Estate or Luxury Spec Home
Potential Lake Views
Quiet, Established Residential Setting
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