139XX Sw 272 St, Naranja, FL 33032
- $2,950,000
- List Price
- $2,950,000
- Price Change
- ▼ $350,000 1775288910
- MLS#
- A11986385
- Status
- ACTIVE
- Type
- Land
Property 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 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.
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Additional Information
- Days on Market
- 132
- Waterfront Description
- Canal Front
- Tax Amount
- $10,396
- Water Access
- None
- Parcel Number
- 30-69-34-000-0091
- Front Exposure
- Northeast
- Lot Size
- 147,363
- Directions
- South Dixie Hwy to SW 272 ST, turn right to SW 140 AV. Site is located next to the elementary school.
- Address
- 139XX Sw 272 St, Naranja
- Development Name
- Hidden Grove, Naranja Village
- Development
- Hidden Grove, Naranja Village
- Section
- 34
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Listing Courtesy of Compass Florida, LLC, Contact: