Price Reduced Listing1.77 acres of prime contiguous land along the Miami River, an increasingly rare opportunity in one of Miami's fastest-growing corridors. With direct waterfront access and approximately 14 existing 50 foot boat slips, this three lot assemblage is ideally positioned for impactful development.Under current T4-R zoning, the property permits multifamily residential construction by right, offering immediate development potential with 36 units per acre per T4-R zoning. One concept envisions the creation of 40 luxury townhomes that take full advantage of the site's river frontage and lifestyle appeal.
| MLS # | A11979551 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 222 |
| Listing Provided By | E. L. S. Realty Corp. | Edward L Schmidt |
| Zoning | 3900 |
|---|---|
| Acreage | 1.77 |
| Water Front | Yes |
| Lot Features | One To Two Acres, Two To Three Acres, City Lot |
|---|
| Tax Annual Amount | 0 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33125 |
| Area | 2310 |
| Community Name | GROVE PARK |
| Listing VS Median (in GROVE PARK) | |
Price: $13,750,000 low | high Med: $4,500 On site: 222 low | high Med: 19 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33125 |
| Area | 2310 |
| Community Name | GROVE PARK |
| Listing VS Median (in GROVE PARK) | |
Price: $13,750,000 low | high Med: $4,500 On site: 222 low | high Med: 19 | |