luxury

$5,295,000

4197 Braganza Avenue, Miami, FL 33133

Miami, FL, 33133

— bd · 0 ba · — sqft

Listed by Douglas Elliman

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Work through the cash needed at closing, including property taxes.

Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.

About this home

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Exceptional shovel-ready development opportunity in the heart of Coconut Grove. This rare offering comes fully approved with architectural plans for an extraordinary luxury single-family residence totaling approximately 6,500 SF under A/C, featuring expansive covered outdoor living areas, resort-style custom landscaping, and a truly elevated modern design tailored for today’s luxury buyer.Delivered completely shovel-ready with approved plans and permits, this opportunity allows a developer or end user to bypass years of planning, architectural design, and permitting, and begin construction immediately. The residence has been thoughtfully curated to maximize indoor-outdoor living, architectural presence, and long-term value in one of Miami’s most prestigious and sought-after neighborhoods.Surrounded by luxury new construction and significant redevelopment, the property is ideally positioned in the center of Coconut Grove with convenient access to Coral Gables, South Miami, Brickell, Downtown Miami, major highways, premier dining, shopping, marinas, parks, and entertainment.A unique opportunity to acquire a fully entitled luxury project in one of Miami’s most desirable residential enclaves.

Good deal

Why we flagged this one

A transparent review of current MLS facts—not a paid placement.

  • Price reduced 12%

    The seller has come down from $5,995,000 to $5,295,000 — a $700,000 reduction since it came on the market.

  • 169 days on market

    Longer time on market usually means the seller is more open to negotiating on price and terms.

Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.

Your costs (est.)

4197 Braganza Avenue, Miami, FL 33133 · Miami

Location

4197 Braganza Avenue, Miami, FL 33133

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995