Positioned along the coveted South Bayshore hillside, this gated residence sits on an expansive 19,800 SF lot—offering a unique opportunity to renovate or create a new estate in one of Coconut Grove's most prestigious residential corridors. Mature tropical landscaping frames the property, while the elevated setting provides privacy and a sense of retreat just moments from the energy of the Grove and Biscayne Bay. The existing home offers generous living spaces across two levels, with 2 bedrooms and 2.5 baths on the main floor and 3 bedrooms and 2 baths upstairs. Formal living and dining rooms define the interiors, highlighted by a fireplace-anchored living room and a spacious family room with French doors opening to the terrace. A pool, expansive yard, two-car garage, and rooftop access further enhance the property's versatility and future potential. Just steps from Biscayne Bay and minutes from Coconut Grove's marinas, parks, and vibrant village center, this exceptional property offers the scale, location, and elevation to reimagine a signature residence along iconic South Bayshore Drive.