This development site represents one of the lowest price-per-acre opportunities in the Naranja/South Miami-Dade market, offered at $976,335 per acre-delivering exceptional value for investors and developers alike. The property is zone 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 approval 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 with adds a nice buffer and flexibility for site design.
- View
- State:
- FL
- County:
- Miami-Dade
- City:
- Naranja
- Zipcode:
- 33032
- Street:
- 139xx Sw 272 St, Naranja, Florida 33032
- Longitude:
- W81° 34' 37.8''
- Latitude:
- N25° 31' 5.4''
- Building Features:
- Not Applicable
- Cumulative DOM:
- 3
- DOM:
- 3
- Development Status:
- Raw Land, Other
- Direction Faces:
- Northeast
- Frontage Length:
- 845
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash
- Parcel Number:
- 30-69-34-000-0091
- Subdivision Name:
- HIDDEN GROVE
- Tax Annual Amount:
- $10,396
- Tax Year:
- 2025
- Virtual Tour:
- Click Here
- Waterfront Features
Land For Sale
139xx Sw 272 St, Naranja, Florida 33032, Naranja, Florida 33032
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $3,300,000
- Lot Area :
- 147,363 Sqft
- MLS # :
- A11986385
- Property Sub Type :
- Residential
