9
$1,600,000 Sale
Listed 52 days ago
7400 SW 98th St
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Key Facts
Key facts for 7400 SW 98th St
Property Type
Other, Unspecified
Parking
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MLS #
A12075369
Size
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Basement
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Listed on
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Lot size
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Tax
$13,228 /yr
Days on Market
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Year Built
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Maintenance Fee
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Description
Approximately 18,500 SF / 0.42 acres of vacant land in prestigious Pinecrest, offering buyers the increasingly rare opportunity to build a completely new custom estate without the constraints of an existing structure. Situated in a highly desirable residential area known for its large estate proper...ties, mature landscaping, privacy, and strong demand for luxury single-family homes. The property is located near Miami Palmetto Senior High School, Pinecrest Elementary, Trader Joe's, Publix, Whole Foods, and major transportation corridors. The approximately 0.42-acre lot provides substantial room for a large custom residence, swimming pool, outdoor entertaining areas, gardens, guest accommodations, and other luxury amenities. The existing marketing specifically highlights the site's flexibility for creating a private estate-style residence. With no existing building, an investor or end user can design a residence from the ground up to current luxury standards, potentially maximizing the property's appeal and resale value within the Pinecrest estate-home market. Recent nearby transactions demonstrate significant demand for larger Pinecrest residences. For example, a 7-bedroom, 6.5-bath, 9,792 SF residence on 0.55 acres sold for $4.9 million in June 2026, while other nearby Pinecrest land sales have traded in the approximately $1.7M–$3.5M range, depending on location and site characteristics.
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Listing courtesy of: Global Investments Realty