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. 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
Lot/land
$1,300,000
400 NW 87th St, El Portal, FL 33150
--beds
--baths
0.32Acres
Unimproved Land
Built in ----
0.32 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 32 days
- 187
- 12
Zillow last checked:
Listing updated:
Listed by:
Juan Zuluaga 850-803-1383,
Coldwell Banker Realty,
Sergio Giraldo 857-417-7205,
Coldwell Banker Realty
Source: MIAMI,MLS#: A12064850
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Fenced
- On waterfront: Yes
- Waterfront features: Canal Front
- Frontage length: 76
Lot
- Size: 0.32 Acres
- Features: 1/4 To Less Than 1/2 Acre Lot, Other
- Residential vegetation: Other Trees
Details
- Additional structures: Other Bldg Incl
- Parcel number: 1831120710100
- Zoning: 0100
Utilities & green energy
- Sewer: Septic Tank
- Water: Other
- Utilities for property: Electricity Connected, Water Connected, Other
Community & HOA
Community
- Subdivision: Soars River Estates
HOA
- Has HOA: No
Location
- Region: El Portal
Financial & listing details
- Tax assessed value: $923,102
- Annual tax amount: $21,884
- Date on market: 8/4/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Listed for sale | $1,300,000+67.3% |
Source: | ||
| 2/28/2023 | Listing removed | -- |
Source: | ||
| 2/4/2023 | Price change | $2,900-3.3% |
Source: | ||
| 12/12/2022 | Listed for rent | $3,000 |
Source: | ||
| 7/27/2022 | Sold | $777,000+7.2% |
Source: | ||
| 7/3/2022 | Contingent | $725,000 |
Source: | ||
| 7/1/2022 | Listed for sale | $725,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,884 -5.1% | $923,102 -2.6% |
| 2024 | $23,048 +11.6% | $947,716 +10% |
| 2023 | $20,646 +1026.2% | $861,560 +743.6% |
| 2022 | $1,833 +1.8% | $102,131 +3% |
| 2021 | $1,801 +4.3% | $99,157 +1.4% |
| 2020 | $1,727 +6.1% | $97,788 +2.3% |
| 2019 | $1,627 +94.6% | $95,590 +1.9% |
| 2018 | $836 | $93,808 +2.1% |
| 2017 | $836 -0.6% | $91,879 +2.1% |
| 2016 | $841 -0.5% | $89,990 +0.7% |
| 2015 | $845 -2.1% | $89,365 +0.8% |
| 2014 | $863 -38.9% | $88,656 +1.5% |
| 2013 | $1,413 | $87,346 +1.7% |
| 2012 | $1,413 +4.3% | $85,886 +3% |
| 2011 | $1,355 -4.4% | $83,385 +1.5% |
| 2010 | $1,417 +7.8% | $82,153 +2.7% |
| 2009 | $1,315 -16.2% | $79,994 +52.1% |
| 2007 | $1,568 -5.9% | $52,588 |
| 2006 | $1,666 | -- |
| 2005 | $1,666 +8.5% | -- |
| 2004 | $1,535 +25.8% | -- |
| 2003 | $1,220 +9.7% | -- |
| 2002 | $1,112 | -- |
| 2001 | $1,112 | -- |
Find assessor info on the county website








