SW 272 Street, Miami, FL 33032

Listing Snapshot

About This Home

This development site represents one of the lowest price-per-acre opportunities in the Naranja/South Miami-Dade market, delivering exceptional value for investors and developers alike. The property is zoned R-Edge within the Naranja Community Urban Center District, allowing multifamily developments. The site is comprised of 3 folios totaling 3.38 acres, with an allowable FAR of 3.7. The seller is currently in the process of obtaining ASPR approvals for a 66-unit garden-style multifamily project. Additionally under the Live Local Act, the site may qualify for a density increase of up to 90 units, subject to verification of eligibility and compliance with program requirements. Located directly across from a school and with convenient access to US1, public transit, the Florida Turnpike and major commercial corridors. The site is also located next to a canal which adds a nice buffer and flexibility for site design.

General Features

Property Type

Land

Sub-type

UnimprovedLand

Zoning

3050

Utilities

ElectricityAvailable,None,SewerAvailable,WaterAvailable

Subdivision

HIDDEN GROVE

Interior Features

Exterior Features

Lot Features

TwoToThreeAcres,RuralLot

Waterfront

No

Waterfront Features

CanalFront,None

Community Features

Community Features

NearSchools

MLS Area

2690

Schools

Map

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