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$1,699,000
5 Beds ⋅ 3 Baths ⋅ B26040379 MLS ⋅ Poinciana Island Yacht & Racquet Club Condo BLDG.
**Exceptional Waterfront Value-Add Opportunity** This is a rare chance to acquire one of the most significant waterfront properties in the area. Situated on one of the largest lots in the neighborhood, this expansive residence is the largest home in the community and offers direct waterfront access with private dockage for two boats. While the property requires substantial renovation, the fundamentals are outstanding. The bones of the home are excellent, providing a solid foundation for a complete transformation. For buyers with the vision, resources, and experience to undertake a major renovation project, the upside potential is truly extraordinary. The property's size, lot dimensions, waterfront location, and dockage create an opportunity that is increasingly difficult to find. The scope of work has been carefully considered and is already reflected in the asking price, which is significantly below the property's potential market value once renovated so no low ball offers. This property is best suited for financially qualified buyers prepared to take on a substantial project. Please review all photos carefully before scheduling a showing to ensure the property's current condition aligns with your expectations. Serious inquiries only. This is a unique opportunity to create a premier waterfront estate while capturing significant value through renovation.

430 Poinciana Drive Unit 1710, Sunny Isles Beach