3 Dolphin Avenue, Mermaid Beach QLD 4218

3 Dolphin Avenue, Mermaid Beach | 693m² low-set block | 5-bedroom house with rumpus | flood overlay required | solar and water tank installed This property offers a rare configuration advantage on the Gold Coast: a 693m² low-set block with only 43% building coverage, providing significant future extension or subdivision potential. The five bedrooms, separate rumpus room, and dual car accommodation serve families seeking long-term space, while the solar panels and water tank reduce ongoing utility costs. Its positioning in Mermaid Beach within the Miami State School catchment strengthens buyer demand for owner-occupiers with school-age children. The flood overlay requiring assessment introduces a specific cost and timeline risk for any buyer, as it may affect insurance premiums and borrowing conditions. The 4m ground elevation and 6m roof height partially mitigate exposure, but a professional flood report is essential before commitment. The NBN Hybrid Fibre Coaxial connection is functional but not a prime value driver. Hold this property as a family home with a view to capitalise on land value appreciation through future redevelopment or a dual-occupancy application.