The former CEO of SoftBank, Marcelo Claure, has listed one of the largest and most spectacular waterfront vacant lots to recently enter the Miami Beach prime property market for $39.9 million. The property is listed with Berkshire Hathaway HomeServices EWM Realty Senior Vice President and top-producer Nelson Gonzalez and comes complete with fully permitted plans by renowned architect Kobi Karp.

Presented for $39.9 million, the listing, 5212 North Bay Road, is an expansive, 27,334-square-foot vacant lot – equating to $1,459 per square foot. The property offers 150 feet on Biscayne Bay, providing stunning, unobstructed panoramas of the Miami skyline, sunset, and Biscayne Bay. The vacant property’s availability is unique for the area, which currently has few, if any, empty lots for sale, and none comparable to this property’s size and scope.

The property comes with permitted plans by internationally revered architect Kobi Karp, whose vision calls for a nine-bedroom, 14-bath (eight full-bath and six half-bath) mansion with 14,000 square feet of lavish interiors, an abundance of amenities, and extraordinary exterior spaces, including a rooftop that has been positioned to capture the sheer magnitude and entirety of the views. A new seawall and dock are also currently under construction.

“This is a landmark opportunity for a savvy buyer who’s looking to build their waterfront dream home,” said Gonzalez. “For someone seeking a large piece of land with the best price and location, this listing cannot be overlooked. And because of Kobi’s permitted designs, a buyer can put a shovel in the ground on the day they close.”

Featuring a central and tranquil location, the property is additionally located within minutes of the La Gorce Country Club and golf course, beaches, the Sunset Harbour and Bal Harbour neighborhoods, downtown Miami, and the Brickell financial district.

Rendering of Kobi Karp-designed Home Permitted On Site - Rendering via Kobi Karp Architects

Images via Berkshire Hathaway HomeServices EWM Realty