SOUTH FLORIDA, AT HOME. Miami-Dade · Broward · Palm Beach
FIP Residential
← All homes

El Portal · Miami-Dade County

400 NW 87th St, El Portal FL 33150

El Portal, FL 33150 · MLS #A12064448

$1,300,000

For sale
8 bedrooms8.5 bathrooms1,399 sq ft

Listing courtesy of Coldwell Banker Realty

Listing agent: Juan Zuluaga · 850-803-1383

About this home

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

Property type
Single Family Residence
Year built
1948
Lot size
13,950 sq ft
Waterfront
Yes
Pool
No
New construction
No
View all 4 photos
Property photo 1Property photo 2Property photo 3Property photo 4

Listing updated 8/11/2026, 5:00:04 AM Eastern. Feed checked 9/25/2026, 1:44:51 AM Eastern.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Southeast Florida Multiple Listing Service (SEFMLS). Properties are listed by participating brokerages. Information is deemed reliable but not guaranteed. Information is provided for personal, non-commercial use to identify properties you may be interested in purchasing. All listings are subject to change and prior sale.