Aerial view of Schenley Park streets toward the Miami skyline — lots and housing stock in ZIP 33155

Builders & Investors in Schenley Park

One ZIP code, block-by-block. Whether you’re buying to build — or selling to someone who will.

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Berenice Elguezabal

REALTOR® · Coldwell Banker Realty · Since 2001 · FL Lic. SL0695500

GRIe-PRO®Luxury Property SpecialistEnglish · Español

★ Int’l President’s Circle 2025 · Top 4% Nationwide

$150M+ career sales · 250+ closed · 7 sold in Schenley Park

Contact me Home Valuation

The specialization

The opportunity in 33155

Schenley Park and Coral Terrace sit in a rare position: mid-century homes on generous lots, minutes from Coral Gables at a fraction of the entry price. That combination is exactly what builders and flippers look for — and exactly why more owners here are fielding builder offers than ever. I work both sides of that equation in one ZIP code, 33155, where I’ve listed and sold 7 homes and know what each block allows, what it’s trading for, and who’s building on it.

For builders & flippers

If you’re buying to build or flip

Finding the right lot in 33155 isn’t about scrolling the MLS — the best opportunities here often never reach it. I help builders and investors source properties on and off market, read what a lot can actually support before you write the offer (including when more than one unit is legally possible), and dig into the permit history so an open permit or unpermitted addition doesn’t surprise you at closing. And because I sell finished homes in this same neighborhood, I can tell you what your exit looks like before you commit to the entry.

For owners

If you’re selling your home to a builder

Not every house in Schenley Park should be renovated before selling — some are worth more as land. If your home is dated, has open permits, or sits on a lot a builder wants, selling as a teardown can mean no repairs, no staging, and a faster close. My job is to tell you honestly which buyer pays more for your property — the end-user family or the builder — and then run the sale so you don’t leave money on the table with either one. Solar panels, unpermitted work, inherited condition: none of it disqualifies you; it just changes the strategy.

The hyperlocal case

Why one ZIP code changes the math

Builders price risk. The agent who knows that two comparable lots on the same street sold to different buyers for different reasons prices it better. That’s the entire argument for hyperlocal: I’m not covering the county — I’m covering the neighborhood where your deal lives.

Answers before you commit

Can a builder really put more than one home on a Schenley Park lot?

Sometimes, yes. It depends on the lot’s zoning district, its dimensions and Miami-Dade’s rules for that specific site — some 33155 lots support a second unit or a lot split, and most don’t. The full breakdown is in the multiple-units guide.

How do builders decide what to pay for a teardown?

They work backward: what the finished home will resell for on that block, minus construction costs and their margin — what’s left is the land offer. More on that math in the teardown guide.

Do I need to make repairs before selling to a builder?

Generally, no. A builder is buying the lot and its possibilities, not the paint — condition matters far less than location and dimensions. Before spending a dollar on repairs, read what not to fix before selling.

What happens with open permits or unpermitted work?

Disclosure still applies — you have to disclose what you know. Open permits also shape which buyers can actually close: cash builders often can, financed end-users often can’t. The details are in the open-permits guide.

Do you work with investors who flip rather than build new?

Yes. The work is the same — sourcing the right property on or off market, permit and title diligence, and pricing the exit against real 33155 closings. Only the construction scope changes.

Ready when you are