1515 Nw North River Dr, Miami, FL 33125

$14,999,000

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List Price
$14,999,000
Price Change
▲ $1,000,000 1781300218
MLS#
A11979551
Status
ACTIVE
Type
Commercial

Property Description

1.77 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.

Additional Information

Days on Market
161
Waterfront Description
River
Water Access
Other
Parcel Number
01-31-35-016-0040
Lot Size
45,723
Address
1515 Nw North River Dr, Miami
Development Name
Grove Park
Development
Grove Park
Section
35

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Listing Courtesy of E. L. S. Realty Corp., Contact: