Presenting a once-in-a-generation 1.08-acre gated estate parcel on prestigious Sunset Drive! One of the last acre-plus offerings remaining in central Miami. Measuring an impressive 389.11 feet X 123.09 Feet and zoned EU-1 for estate use, the property features generous frontage and mature perimeter landscaping that affords exceptional privacy, providing an ideal setting for a landmark custom residence encompassing expansive indoor-outdoor living spaces, a resort-style pool, guest house, sport court, and grounds unattainable on a standard lot. The absence of an HOA affords the future owner complete design flexibility. The existing 5BR/4.5BA residence, complemented by a private in-law suite, offers immediate versatility- allowing the buyer to occupy or lease the property throughout the design and permitting process. Ideally situated, the property offers convenient proximity to Dadeland, Downtown South Miami, Coral Gables, and the University of Miami, along with quick access to US-1 and SR-826. Premium pricing on surrounding new construction further reinforces this parcel's highest-and-best-use potential. Opportunities of this caliber rarely become available. Prospective buyers are advised to independently verify zoning, permitting, lot dimensions, and building requirements.