Active

SW 272 St

Miami, FL 33032

$2,950,000 $12,437/Mo

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Overview

147,363

Sqft(Lot)

Description

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 an d major commercial corridors. The site is also located next to a canal which adds a nice buffer and flexibility for site design.

Property Details

Property Type : Land

Price : $2,950,000

AD Id : 76356222

MLS Id : A11988245

Lot Size : 147,363 Sqft(Lot)

County : Miami-Dade

Subdivision: Highland Park

Map

Features

Heating & Cooling

Water front: 1

Lot Information

Lot Dimensions: 320x1086 Main Square Feet: 147363 Lot Size Acres: 3.38 Lot Size Square Feet: 147,363

Property Information

Subdivision: HIDDEN GROVE Source Property Type: Land Postal Code Plus 4: 0000 Zoning Description: 3050 Property SubType: Commercial

Listing Price Information

Listing Price: $2950000

Original Price: $3300000

Cash, Conventional

Tax Information

Parcel Number: 30-69-34-000-0091 Tax Year: 2025 Annual Tax: $10396 Tax Legal Desc: 34 56 39 1.074 AC BEG SW COR OF SW1/4 OF SE1/4 OF NE1/4 TH N331.52FT SELY435.47FT W282.50FT TO POB F/A/U 30-6934-000-0090 OR 22070-0904 0220

Utility Information

ElectricityAvailable, SewerAvailable, WaterAvailable
Location Information

Direction: South Dixie Highway to SW 272 Street, turn East to SW 142 AV. Site located next to the elementary school WaterSource: Other

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
248TH ST Us1, Miami, FL, 33032	$4,400,000	--	--	--	85,143 Sqft(Lot)
23761 SW 106, Miami, FL, 33032	$625,000	--	--	--	41,382 Sqft(Lot)
240 St, Miami, FL, 33032	$12,500,000	--	--	--	871,200 Sqft(Lot)

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ByOwner last updated this listing 06/07/2026 @ 23:55

MLS: A11988245 LISTED BY: Laura Kefalidis, Compass Florida, LLC 305-697-2904 SOURCE: SEFMIAMI