7400 98th Street, Pinecrest, FL 33156

$1,600,000 — Active

Property Features

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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 properties, 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.

▼ Price Reduced β€” originally listed at $1,900,000

Property Details

  • Listing ID: A12075369
  • Status: Active
  • Listing Date: 2026-08-18
  • Property Type: Unimproved Land
  • Subdivision: HILLMONT
  • County: Miami-Dade
  • MLS Area: 2500
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: N/A
  • Lot Dimensions: 18500

Financial

  • List Price: $1,600,000
  • Original List Price: $1,900,000
  • HOA Fee: None
  • Taxes: $13,228/yr

Features & Amenities

Courtesy of Global Investments Realty

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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.