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139XX Sw 272 St, Naranja
$2,950,000
A11986385 MLS ⋅ Hidden Grove BLDG.
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 site may qualify for a density increase of up to 84 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.

139XX Sw 272 St, Naranja
272 Street, Naranja
$3,950,000
A11871468 MLS ⋅ Naranja Park 2nd Addn BLDG.
Ready for Development in the Naranja Community Urban District. Close proximity to mass transit. Great location for live local-workforce housing mixed use project to take advantage of all the extra benefits such as increased density, parking accommodation, up to 75% reduction in property taxes and much more. Clear visibility from South Dixie Highway yet adjacent to a traditional residential neighborhood makes this an ideal location. Current plans in process call for 152 Residential Units and 6-10 Commercial Units fronting SW 272nd Street.

272 Street, Naranja
272 Street, Naranja
$3,950,000
A11868363 MLS ⋅ Naranja Park 2nd Addn BLDG.
Ready for Development in the Naranja Community Urban District. Close proximity to mass transit. Great location for live local-workforce housing mixed use project to take advantage of all the extra benefits such as increased density, parking accommodation, up to 75% reduction in property taxes and much more. Clear visibility from South Dixie Highway yet adjacent to a traditional residential neighborhood makes this an ideal location. Current plans in process call for 152 Residential Units and 6-10 Commercial Units fronting SW 272nd Street.

272 Street, Naranja
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